Jingdong Logistics is considering listing next year, and Liu qiangdong has been awarded Jingdong Logistics option

category:Finance
 Jingdong Logistics is considering listing next year, and Liu qiangdong has been awarded Jingdong Logistics option


Jingdong group started to build its own logistics in 2007, registered a logistics company in 2012, and formally established Jingdong Logistics Group on April 25, 2017. In February 2018, JD logistics carried out a $2.5 billion financing, and introduced many investors, such as Hillhead capital, Sequoia China, China Merchants Group, Tencent, China Life Insurance, etc. According to Reuters, after the round of financing, the value of Jingdong Logistics reached 13.5 billion US dollars.

Now, Jingdong Logistics has become one of the core competitiveness of Jingdong group. As of September 30, 2020, JD logistics has operated more than 800 warehouses, including the cloud warehouse area managed by JD logistics, with a total storage area of about 20 million square meters.

According to the report of the third quarter of 2020 of Jingdong, Liu qiangdong, chairman and CEO of Jingdong group, was granted an option in October this year with the approval of the board of directors of Jingdong, Jingdong Logistics and Jingdong health. According to the equity incentive plan, they can purchase 99.1867 million ordinary shares of Jingdong logistics and 53.0425 million shares of common shares of Jingdong health, respectively, accounting for Jingdong health has issued 2% of the shares in circulation. Grants are subject to a six-year vesting period.

According to the Wall Street Journal, the valuation of Jingdong health is about $20 billion to $30 billion, and that of Jingdong Logistics is about $38.5 billion to $55.8 billion, so the value of its 2% stake is as high as $1.2 billion to $1.7 billion. Jingdong said in the announcement that this is to reward him for his significant contribution to the healthy development of Jingdong Logistics and Jingdong, and to encourage him to continue to lead Jingdong Logistics and Jingdong health to success. As of October 31, 2020, Jingdong Logistics and Jingdong health have respectively granted their senior managers, employees and consultants with unexerched options. If the options are exercised, they can obtain more than 450 million and 90 million ordinary shares of Jingdong Logistics and JD health respectively as an incentive. Source: surging news editor: Chen Hequn_ NB12679

According to the Wall Street Journal, the valuation of Jingdong health is about $20 billion to $30 billion, and that of Jingdong Logistics is about $38.5 billion to $55.8 billion, so the value of its 2% stake is as high as $1.2 billion to $1.7 billion.

Jingdong said in the announcement that this is to reward him for his significant contribution to the healthy development of Jingdong Logistics and Jingdong, and to encourage him to continue to lead Jingdong Logistics and Jingdong health to success.

As of October 31, 2020, Jingdong Logistics and Jingdong health have respectively granted their senior managers, employees and consultants with unexerched options. If the options are exercised, they can obtain more than 450 million and 90 million ordinary shares of Jingdong Logistics and JD health respectively as an incentive.