(Bloomberg) Jessica Liu, president of Lazada Group, is leaving the Southeast Asian online shopping unit of Alibaba Group Holding Ltd., according to people with knowledge of the matter.
In this article we will take a look at the 10 most expensive things you can buy on Amazon right now. You can skip our detailed analysis of these Amazon products, and go directly to 5 Most Expensive Things You Can Buy on Amazon Right Now. Amazon.com, Inc. (NASDAQ: AMZN) is the king of online […]
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.