JD.com Plans to Kickstart Hong Kong IPO

Next in the footsteps of its bigger rival Alibaba, JD.Com is scheduling to test the IPO waters in Hong Kong pretty soon, if experiences are to be believed.

Alibaba undertook a secondary listing of its shares in the Hong Kong market late final yr, elevating $twelve.9 billion in the system.

JD.com Homebound?

JD.com is scheduling to raise as a great deal as $3.4 billion by listing its shares on the Hong Kong Trade, local media reports said. The e-commerce enterprise is predicted to set the ball rolling on the IPO May well twenty five, with the listing possible to manifest

Read More