Consultant Insight: JD.com’s plan for JD Logistics

JD Logistics $3.5 billion IPO draws SoftBank, Temasek

Photo courtesy of Bloomberg.

Beijing-based e-commerce and logistics provider JD.com raised over $3 billion in a spinoff of its logistics group this week. In February, when the company first announced the spinoff, it noted that it would continue to indirectly hold more than 50% of JD Logistics, which would remain a subsidiary of JD.com. JD Logistics originally focused only […]

 

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