A JD.com smart delivery station in Beijing. The JD Logistics spin-off is one of several highly anticipated offerings by China’s technology companies this year. Photo: Simon Song
JD.com’s logistics unit gets go-ahead for up to US$4 billion IPO in Hong Kong
- IPO would follow US$3.5 billion Hong Kong listing by JD Health, secondary listing by parent last year
- Logistics and other services accounted for 5.4 per cent of parent JD.com’s revenue in 2020
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A JD.com smart delivery station in Beijing. The JD Logistics spin-off is one of several highly anticipated offerings by China’s technology companies this year. Photo: Simon Song