JD.com is said to be considering listing two subsidiaries to raise about $1 billion each

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JD.com is considering options to list its logistics real estate and industrial e-commerce subsidiaries, IFR reported, citing unnamed sources. Each IPO could raise about $1 billion.

The report quoted two unnamed people as saying that JD.com has discussed the listing internally and with potential financial advisers, and it may go public as early as this year.

The company is leaning toward listing both units in Hong Kong, but details such as the final listing location and which one to list first have yet to be determined, one person said.

JD.com had no immediate comment from IFR.

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