JD Logistics invites banks to pitch for lead role in its $3b Hong Kong IPO

JD Logistics invites banks to pitch for lead role in its $3b Hong Kong IPO

REUTERS/Jason Lee

JD Logistics has asked banks to pitch for the lead role in its Hong Kong initial public offering (IPO) of up to $3 billion as it moves towards launching the deal in the first half of 2021, according to two sources with direct knowledge of the matter.