Ipo 5B Jd Logistics 40B : Jd logistics, the distribution arm of chinese ecommerce giant jd.com, is the company is targeting a valuation of us$40 billion as it looks to start trading in the second the development comes after jd's healthcare unit jd health completed a hk$31 billion (us$3.9 billion) ipo in december last year.

Ipo 5B Jd Logistics 40B / Jd logistics' application comes more than two months after jd health raised us$3.5 billion in its maiden share offering in hong kong in december.

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