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JD.com’s Supply-Chain Technology Unit Seeks Up to $424 Million in Hong Kong IPO

02. Dezember 2025 um 22:22
JD.com Inc.’s supply-chain technology unit has started taking investor orders for a Hong Kong initial public offering that may raise as much as HK$3.3 billion ($424 million), capping more than two years of efforts to go public.

A screen displays stock figures outside the Exchange Square complex, which houses the Hong Kong Stock Exchange, in Hong Kong, China, on Monday, Sept. 16, 2019. The Hong Kong bourse's unsolicited takeover bid for the London Stock Exchange Group Plc was greeted with a scathing rejection and the exchange suffered a further humiliation when China praised the rebuff as well. Photographer: Paul Yeung/Bloomberg

Alibaba, Meituan Earnings Pressured by Delivery Price War Amid AI Race

Alibaba Group Holding Ltd. and Meituan are set to show a continued profit erosion after JD.com Inc. broke up their long-held duopoly in the meal delivery and fast-commerce sectors earlier this year.

A delivery worker for Meituan in Shanghai. Photographer: Qilai Shen/Bloomberg

JD.com’s Supply-Chain Technology Unit Gauges Interest for Hong Kong IPO

24. November 2025 um 01:18
JD.com Inc.’s supply-chain technology unit has started gauging interest for a Hong Kong initial public offering that may raise around $500 million in the coming weeks, people familiar with the matter said, setting it on course to complete a more than two-year attempt to go public.

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