News Snapshot:
The logistics arm of JD.com gets the green light for the IPO in Hong Kong The logistics arm of JD.com gets the green light for the IPO in Hong Kong Share JD.com packages. Shutterstock. On Thursday, the logistics unit of the Chinese e-commerce giant was cleared to proceed with an IPO that could fetch up to $ 4 billion on the Hong Kong stock exchange, people familiar with the matter said. SCMP . The listing would follow that of another subsidiary, JD Health, which raised $ 3.5 billion in December; JD.com raised $ 4.5 billion on a secondary listing last...
