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Logistic and Transport

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JD logistics gears up for $10 billion IPO in 2020

Published On 25 Dec 2019 10:57 AM


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According to a report published on Reuters, JD Logistics, which handles the logistic responsibilities of Chinese online retailer JD.com, is in initial negotiations with banks about raising $8 billion to $10 billion through a foreign initial public offering.

The company JD Logistics, with its resources in supply chain, logistics, and warehouses, is one of the most valued properties of the Chinese e-commerce giant. There is a high prob....


Tags : Business, E-commerce,
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