JD's Fintech Arm Likely to Withdraw China IPO, SCMP Says
Julia Fioretti, Bloomberg News A driver for JD.com Inc.'s Luxury Express delivery service opens the door to his car in Beijing, China, on Thursday, May 16, 2019. Big names in luxury are teaming up with internet companies to offer sales and services like JD's white-gloved butler-style delivery that are rare in the U.S. Photographer: Gilles Sabrie/Bloomberg , Bloomberg (Bloomberg) -- JD Technology, the fintech unit of Chinese e-commerce giant JD.com Inc., is likely to withdraw its application for an initial public offering on Shanghaiâs t...
Source: bnnbloomberg.ca