JD.com’s logistics subsidiary JD Logistics (JDL) has agreed to attain about 66.5% of the shares of Chinese language logistics firm Deppon, which may be valued at $1.4 billion. The acquisition involves a series of agreements, below which JDL would prefer 99.99% of the equity curiosity in Ningbo Meishan Baoshui Space Deppon Funding Preserving Co. Ltd., which holds […]
