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JD Logistics Preparing for IPO Next Year? Estimated Valuation to be $40B
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JD Logistics Preparing for IPO Next Year? Estimated Valuation to be $40B

Nov 25, 2020
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JD Logistics Preparing for IPO Next Year? Estimated Valuation to be $40B
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(Source: Sohu)

Supply chain and logistics services provider JD Logistics is said to be preparing for an initial public offering (IPO) next year with an estimated valuation of $40 billion, according to Reuter’s International Financing Review (IFR.)

JD Logistics refused to comment on the issue as of press time. 

Once the IPO is confirmed, however, the logist…

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