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JD Logistics To File for Hong Kong IPO This Month: Reports
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JD Logistics To File for Hong Kong IPO This Month: Reports

Feb 03, 2021
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JD Logistics To File for Hong Kong IPO This Month: Reports
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The logistics unit is reportedly targeting a valuation of $40 billion and plans to start trading in the second quarter. (Source: JD.com)

JD Logistics, the distribution arm of Chinese e-commerce giant JD.com, is planning to submit an initial public offering application to the Hong Kong stock exchange as soon as this month, according to reports. 

The logist…

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