JD.com's Subsidiary to Acquire Further 36% Stake in Kuayue-Express Group

MT Newswires Live

2024/12/09

JD.com's (HKG:9618) subsidiary JD Logistics (HKG:2618) agreed to acquire a further 36.43% equity interest in Kuayue-Express Group for up to 6.48 billion yuan, a Friday Hong Kong bourse filing said.

JD Logistics already holds 63.57% equity interest in Kuayue-Express Group, and after completion, it will hold 100% equity interest in Kuayue-Express Group.

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