JD Logistics, China’s answer to Amazon’s logistics ambitions, to raise $3.4B in IPO
After operating in the red for 14 years, JD.com’s logistics subsidiary is getting ready for an initial public offering in Hong Kong. JD Logistics will price its share between HK$39.36 […]
Walmart’s Flipkart to cover insurance for all sellers in India and waive additional fees
Walmart-owned Flipkart is exempting storage and cancellation fees for sellers on its marketplace and also providing them with insurance coverage as the top e-commerce platform in India looks to maintain […]
