Hong Ipo 5B Jd Logistics 40B : Jd) has filed to list its supply chain arm, jd logistics, on the hong kong stock exchange, an initial public offering that could potentially raise $5 billion and lead to a valuation of $40 billion, according to a bloomberg report.

Hong Ipo 5B Jd Logistics 40B / Jd.com, the parent company, will own the majority of the stake, and you own the parent company's piece.

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