JD’s affiliates are looking to go public shortly
Posted On November 19, 2020
Operating approximately 750 warehouses, JD Logistics is planning to raise $5 billion through its IPO, which would come in 2021. Whether Hong Kong or the US will be the place for listing is currently unknown. JD’s another affiliate, JD Health, will soon go public in December with the aim of $4 billion worth of fundraisers in Hong Kong.