Alibaba rival JD raises more than $10 billion through stock offerings in a single year
BEIJING In less than a year, Chinese e-commerce giant JD.com has raised more than $10 billion through public offerings in Hong Kong and New York.
The listings involved JD’s subsidiaries and its own secondary stock offering in Hong Kong. Bank of America was the only investment bank to participate in every single listing, according to public filings.
Here are the four JD affiliates that have gone public since June 2020:
1. JD Logistics, the company’s delivery unit, went public in Hong Kong on Friday,…
