JD Technology Withdraws Its IPO Application to the Shanghai Stock Exchange


Source: pandaily.com pandaily.com

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April 6, 2021 JD Technology, previously known as JD Digits and JD Finance (Source: JD Technology) On March 30, Fintech company JD Technology, a subsidiary of e-commerce giant JD.com, withdrew its IPO application to the Shanghai Stock Exchange. In response, the exchange’s listing committee last Friday announced it has decided to terminate the firm’s IPO review.According to a prospectus unveiled on September 11, 2020, JD Technology, previously known as JD Digits and JD Finance, provided digital solutions for various subjects including financial institutions, merchants and enterprises, government and other customers. The shares it planned to issue would have been no...