Wednesday, February 17, 2021

JD.com plans to list its shipping business in Hong Kong through an IPO that sources say could raise approximately $5B and value JD Logistics at about $40B (Bloomberg)

Bloomberg:
JD.com plans to list its shipping business in Hong Kong through an IPO that sources say could raise approximately $5B and value JD Logistics at about $40B  —  - An IPO is said to value the logistics arm at about $40 billion  — JD built one of China's largest shipping operations over years



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Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid western sanctions after its Ukraine invasion (Financial Times)

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