JD Logistics Inc

02618: XHKG (HKG)

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JD Logistics: Full Acquisition of Kuayue Express to Enhance Freight Operations

Chelsey Tam

Dec 9, 2024

JD Logistics plans to acquire the remaining 36.45% stake in Kuayue Express for a maximum amount of CNY 6.48 billion in a mostly cash deal.

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JD Logistics Inc

JD Logistics: Full Acquisition of Kuayue Express to Enhance Freight Operations

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