JD Logistics

Key Takeaways: Dada Nexus has appointed two JD Logistics veterans as its new chairman and CFO, hinting at closer integration between the two companies The intra-city delivery company has become more integrated with JD.com since JD boosted its stake in Dada Nexus to 52% last year from a previous 47...

On Friday, JD Logistics (HKG:2618), the logistics spinoff of Chinese e-commerce giant JD.com (NASDAQ: JD), made its Hong Kong Stock Exchange debut priced at $HK40.36. It hit its peak of $HK47.75 and eventually gave up those gains, closing at $HK41.70 for a 3.3% gain. Much of this drop from the...

On Monday, JD Logistics, the supply chain spinoff of JD.com (NASDAQ: JD), set its Hong Kong IPO price between $HK39.36 and $HK43.36 for a total of 609.1 million shares. This pricing could lead to a $3.4 billion valuation for the company.   JD.com plans to hold 10% of JD Logistics' shares,...

JD Logistics, the logistics entity for Chinese e-commerce leader JD.com (NASDAQ: JD), was approved for an initial public offering (IPO) by the Hong Kong Stock Exchange. The spinoff could raise up to $4 billion, following the lead of its sibling spinoff, JD Health International (HKG:6618), which...