{"id":10572,"date":"2020-11-25T22:37:21","date_gmt":"2020-11-25T14:37:21","guid":{"rendered":"http:\/\/www.whatchina.cn\/?p=10572"},"modified":"2021-01-06T09:46:25","modified_gmt":"2021-01-06T01:46:25","slug":"jd-logistics-is-rumored-to-be-listed-at-approximately-us-40-billion-in-2021","status":"publish","type":"post","link":"https:\/\/www.whatchina.cn\/jd-logistics-is-rumored-to-be-listed-at-approximately-us-40-billion-in-2021.html","title":{"rendered":"JD Logistics Is Rumored To Be Listed At Approximately US $40 Billion In 2021"},"content":{"rendered":"<div class=\"37c28470d9d6d3cb9ff74e663adb766a\" data-index=\"2\" style=\"float: none; margin:0px 0 0px 0; text-align:center;\">\n<script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3594734025006597\"\r\n     crossorigin=\"anonymous\"><\/script>\n<\/div>\n<p>JD.com has now begun to prepare for the IPO of JD Logistics next year. The transaction valued JD\u2019s listing business at approximately US$40 billion. It is reported that JD.com has begun negotiations with potential consultants.<!--more--> The transaction may involve the sale of 10%-20% of JD Logistics at a price of US$4 billion to US$8 billion. JD\u2019s consideration is to list in Hong Kong or the United States.<br \/>\nAccording to reports, JD Logistics&#8217; last round of financing was in February 2018, with a financing amount of US$2.5 billion. Investors included Hillhouse Capital, Sequoia China, China Merchants Group, Tencent, and China Life. After this round of financing, Jingdong Logistics is valued at approximately US$13.5 billion, and Jingdong Group holds 81.4% of Jingdong Logistics.<br \/>\nJingdong\u2019s third-quarter financial report showed that the quarterly revenue of Jingdong\u2019s logistics business and other services was 10.4 billion yuan, a year-on-year increase of 73%. As of September 30, 2020, JD Logistics has operated more than 800 warehouses, including the cloud warehouse area managed by JD Logistics, with a total storage area of \u200b\u200bapproximately 20 million square meters.<br \/>\nAt present, the warehousing resources of Cainiao, a competitor of JD Logistics, cover 21 provinces and 72 cities across the country, with a total area of \u200b\u200b6.19 million square meters, more than most express companies.<br \/>\nIn January this year, Jingdong Logistics CEO Wang Zhenhui revealed that the external revenue of Jingdong Logistics accounted for more than 40% in 2019, which exceeded expectations and achieved revenue and profit targets. According to Latepost reports, JD Logistics has two clear goals after its formal independence in 2017: First, JD Logistics&#8217; revenue will exceed 100 billion yuan by 2022, and first, external revenue will account for more than 50%.<br \/>\nDuring this year&#8217;s Double Eleven, the volume of JD Logistics&#8217; open business orders increased by 102% year-on-year, and businesses such as personal express delivery, JD Cloud Warehouse, and JD Cold Chain all grew by more than 100%.<br \/>\nIn addition, JD Health, which is in the process of listing, has submitted a post-hearing data set to the Hong Kong Stock Exchange for the proposed spin-off, with a target valuation of US$29 billion. On September 12 this year, the Shanghai Stock Exchange accepted JD Digital\u2019s listing application. , But after the suspension of Ant\u2019s listing, JD Digital has not yet passed any information to the outside world.<\/p>\n<div class=\"37c28470d9d6d3cb9ff74e663adb766a\" data-index=\"2\" style=\"float: none; margin:0px 0 0px 0; text-align:center;\">\n<script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3594734025006597\"\r\n     crossorigin=\"anonymous\"><\/script>\n<\/div>\n\n<div style=\"font-size: 0px; height: 0px; line-height: 0px; margin: 0; padding: 0; clear: both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>JD.com has now begun to prepare for the IPO of JD Logistics next year. The&#8230;<\/p>\n","protected":false},"author":1,"featured_media":10364,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[272],"tags":[],"class_list":["post-10572","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-today"],"_links":{"self":[{"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/posts\/10572","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/comments?post=10572"}],"version-history":[{"count":0,"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/posts\/10572\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/media\/10364"}],"wp:attachment":[{"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/media?parent=10572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/categories?post=10572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/tags?post=10572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}