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JD Logistics buys 66,5% of China's Deppon for $1,4 billion

JD Logistics Inc. plans to buy Chinese logistics firm Deppon Logistics Co. as the delivery arm of China e-commerce giant JD.com seeks to boost its network infrastructure in the world’s second-largest economy. ....

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JD grows logistics footprint with Deppon acquisition

JD.com’s logistics subsidiary JD Logistics (JDL) has agreed to acquire about 66.5% of the shares of Chinese logistics company Deppon, which are valued at $1.4 billion. Branding at the JD.com Inc. headquarters in Beijing, China, on Wednesday, May 26, 2021. Photo: Bloomberg The acquisition involves a series of agreements, under which JDL would acquire 99.99% ....

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Dow Jones Newswires: Chinese e-commerce company JD.com to acquire Deppon Logistics for $1.42 billion

Dow Jones Newswires: Chinese e-commerce company JD.com to acquire Deppon Logistics for $1.42 billion
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