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JD Logistics, the logistics arm of JD.com, is expected to be valued at about US$35 billion following its Hong Kong initial public offering. Its parent JD.com listed in Hong Kong last June. Photo: XinhuaJD Logistics, the logistics arm of JD.com, is expected to be valued at about US$35 billion following its Hong Kong initial public offering. Its parent JD.com listed in Hong Kong last June. Photo: Xinhua

JD Logistics, the logistics arm of JD.com, is expected to be valued at about US$35 billion following its Hong Kong initial public offering. Its parent JD.com listed in Hong Kong last June. Photo: Xinhua

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