JD.com plans to list its shipping business in Hong Kong through an IPO that sources say could raise approximately $5B and value JD Logistics at about $40B (Bloomberg)

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Bloomberg:
JD.com plans to list its shipping business in Hong Kong through an IPO that sources say could raise approximately $5B and value JD Logistics at about $40B  —  – An IPO is said to value the logistics arm at about $40 billion  — JD built one of China’s largest shipping operations over years

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