Tag: JD.com

China Sees Wave of Large Private Companies Broken Up, Listed on Stock Exchanges

April 6, 2023
AlibabaAlibaba's IPOAsia & PacificBusiness & MarketsChinaChina Business & EconomyChina's economic policieschinese economic downturnChinese RegimeHK BusinessHong KongHong Kong Stock Exchangeinitial public offeringJack MaJD.comjingdongMarketsNYSErecessionSocial Issuesstocksthe New York Stock ExchangeUS-China relationsWorld
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Several large Chinese companies have recently been restructured for listing on the stock exchange, with most of them privately owned. Days after Alibaba’s restructuring was announced, Jingdong (JD.com), another Chinese e-commerce platform, announced on March 30 that its sub-companies JD Industrial and JD Production and Development will be spun off and listed on the Hong…

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China’s JD.com Founder Wears an ‘Invisible Shackle’: Analyst

September 22, 2022
Business & MarketsChinaChina Business & EconomyCompaniese-commerceJD.comRichard Liusocial controlSpecial Topics
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Liu Qiangdong, or Richard Liu, founder and chairman of JD.com, recently transferred his ownership of equity shares at two subsidiary companies after stepping down as CEO in April. One Chinese affairs analyst believes Liu made the move in response to the Chinese Communist Party’s (CCP) campaign to target the business elite. The Powerful Economic Players…

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JD.com Unit Makes $513 Million Controlling Bid in China Logistics

September 3, 2021
Business & EconomyChinaChinese RegimeCompaniescontrollingJD.comlogistics
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Chinese e-commerce giant JD.com Inc.’s real estate unit has made an about HK$3.99 billion ($513.45 million) offer to buy a controlling stake in storage facilities manager China Logistics Property Holdings, the companies said in a joint exchange filing on Friday. JD Property Group offered to buy a 26.38 percent stake in China Logistics for HK$4.35…

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