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JD LOGISTICS Acquires Controlling Stake in JD-SW's On-Demand Delivery Biz for USD270M
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JD LOGISTICS (02618.HK) announced the acquisition from its parent company, JD-SW (09618.HK) (JD.US), of a 100% stake in Dajiang and Dasheng, companies engaged in local on-demand delivery services and wholly-owned by JD-SW, for USD270 million. Upon completion, JD LOGISTICS' last-mile delivery capabilities will be enhanced, allowing the company to improve its fulfillment capacity, operational efficiency, and user experience, aligning with its overall strategy for sustainable growth and profitability. AAStocks Financial News |
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