Thus, brokers have pointed out that JD Group may have to move fast to deliver the JD Logistics IPO due to the current market condition. The proposed carve-out would create long-term shareholder value by allowing JD Logistics Group and JD Group to focus on their respective core businesses and capture different growth fundamentals. They are severely underserved, presenting significant opportunities for supply chain solutions and logistics services providers, such as JD Logistics. It should be noted that the listing of Logistics business would be JD’s second multibillion carve-out in recent months. JD Logistics (Carve-Out)JD Logistics was incorporated in the Cayman Islands on January 19, 2012.

Source: Forbes April 05, 2021 17:15 UTC