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Yu Yui, a permanent resident of Hong Kong, started at e-commerce giant JD.com as a management trainee in 2008 and climbed the corporate ladder to helm the… ....
Shares in the supply chain and delivery unit of the Chinese trading group JD.com rose 14 percent in the first time the company raised $ 3.1 billion th ....
JD Logistics Shares Jumps over 17% from IPO Pricing of HK$40.36 on Friday 3 hours ago by Steve Muchoki · 3 min read Photo: Depositphotos During the financial year 2020, JD Logistics arm reported revenue of approximately $11 billion. JD Logistics shares closed Hong Kong IPO debut trading at HK$41.70, up 3.3% from the opening price. JD Logistics is a spin-off from the Chinese e-commerce firm JD.com Inc (NASDAQ: JD). Notably, JD Logistics shares had risen as much as 18% during the Hong Kong trading hours. Consequently, JD shares on Nasdaq tweaked approximately 0.23% during the Friday pre-market session to trade around $73.00. Notably, JD Logistics raised approximately $3.2 billion mostly from retail investors and will use the funds to develop infrastructure for logistics according to CEO Yu Yui. ....