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

(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…