BBG: Walmart’s booming China business paved way for JD.com split
BLOOMBERG reports: Walmart Inc. is flying so high on the strength of its Chinese operations that it’s ...
Chinese e-commerce platform JD.com has submitted an application to the Hong Kong Stock Exchange (HKEX) to separately list its supply chain arm, JD Logistics.
The parent company said the spin-off would comprise a global share offering, although it said it expected to retain more than 50% of the company.
JD.com said one of the main reasons behind ...
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