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What does JD Logistics’ IPO mean for the fashion industry

JD Group took its logistics brand public at the end of May in an initial public offering (IPO) in Hong Kong that gives the company a market capitalisation of around 33 billion dollars. The move confirms the importance of integrated, value chain in the fashion market. After pricing shares at the lower half of its indicative range (about 6 dollars...

May 31, 2021