E-commerce giant JD.com’s logo is seen at the Appliance and Electronics World Expo in Shanghai on March 23, 2021. Photo: Reuters
JD Technology withdraws IPO application in Shanghai amid China’s fintech rule changes
- Fintech company JD Technology has pulled its IPO application in China’s Nasdaq-style Star Market
- The withdrawal came a day before parent JD.com completed a reorganisation that transferred its cloud and AI operations to JD Technology
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E-commerce giant JD.com’s logo is seen at the Appliance and Electronics World Expo in Shanghai on March 23, 2021. Photo: Reuters