IPO, Initial Public Offering for company to buy and sell in stoc

The South China Morning Post reports:

– After the JD Health IPO and a secondary listing for JD.com, China’s second-largest e-commerce firm now plans a public offering of its logistics unit

– With its fleet of delivery workers, drones and autonomous vehicles, JD.com has often been compared to Amazon

Richard Liu Qiangdong, the billionaire founder of Chinese e-commerce giant JD.com, has applied to list his company’s delivery arm JD Logistics in Hong Kong, which will be the third public offering of his business ...

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