JD.com says logistics arm could go public

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Thursday, 25 January 2018
China's e-commerce firm JD.com could take its logistics business public and may consider a dual listing, the company's chief says.
JD founder and ceo Richard Liu said the subsidiary business potentially could list in Hong Kong and on the Chinese mainland.
JD's main company is listed on the Nasdaq and has been since 2014.
As we already have reported, JD.com recently kicked off a fundraising round at its logistics business with a target of at least US$2 billion.