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JD Logistics Raises $3.2 Billion in IPO

June 14, 2023
in AI & Technology
Reading Time: 1 min read
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May.27 — The delivery arm of Chinese e-commerce giant JD.com Inc. raised $3.2 billion in the second-largest initial public offering in Hong Kong this year. JD Logistics Inc. Chief Executive Officer Yu Rui discusses his company’s investments and expansion plans, regulatory risks, and the recovery of China’s consumer market.

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