Beautiful Virgin Islands

Sunday, Jul 12, 2026

Alibaba rival JD raises $12 billion through stock offerings in a single year

Alibaba rival JD raises $12 billion through stock offerings in a single year

In less than a year, Chinese e-commerce giant JD.com has raised $12 billion through public offerings in Hong Kong and New York.

In less than a year, Chinese e-commerce giant JD.com has raised $12 billion through public offerings in Hong Kong and New York.

The listings involved JD’s subsidiaries and its own secondary stock offering in Hong Kong. Bank of America was the only investment bank to participate in every single listing, according to public filings.

Here are the four JD affiliates that have gone public since June:

1. JD Logistics, the company’s delivery unit, went public in Hong Kong on Friday, and raised about $3.2 billion. Its vast network of warehouses and more than 200,000 delivery workers have given parent JD.com an edge in e-commerce against Alibaba.

Shares closed 3.3% higher on the first day of trading, after surging more than 18% at one point.


2. JD Health, which sells medicine and runs an online health consulting platform, raised about $4 billion in a Hong Kong listing in December last year. The stock is up more than 50% since the IPO.

3. Parent JD.com raised a total of roughly $4.5 billion in a secondary listing in Hong Kong on June 18, 2020.

The Hong Kong-listed stock is up about 25% since then. The New York-listed shares are up more than 280% since listing on the Nasdaq in 2014.

4. Grocery delivery company Dada Nexus — in which strategic investor JD gained majority ownership this year — raised $320 million in its public offering on the Nasdaq on June 5. The stock is up about 59% since its IPO.

A gross total of $12.02 billion was raised by the four stock offerings.

The four stocks, not including the New York parent, now have a market capitalization of about $198 billion, according data from Wind Information. Figures can vary slightly due to factors such as foreign exchange rates and calculation of bank fees.


Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
The AI Invoice Shock: Layoffs Didn't Save Managers Money — They Cost Them More
Concern: Sexually Transmitted Bacterium Among Men Develops Antibiotic Resistance
Following Massive Investor Demand: SK Hynix Raises 26.5 Billion Dollars on Nasdaq
Passenger Partially Pulled Out of Ryanair Jet After Cabin Window Fails Mid-Flight
After Four Years, and Under a Heavy Veil of Secrecy: King Charles Meets His Grandchildren, Harry and Meghan's Children
Severe Heatwave Drives Dangerous Ground-Level Ozone Pollution Across Two Thirds of European Union
Westminster in Freefall as Farage's By-Election Gamble Triggers Broader Systemic Crises
Institutional Fractures and Political Volatility Reshape Britain's Domestic Landscape
Deadly Fire, Health Emergencies and Political Upheaval Shape a Volatile Global News Cycle
Flight Instructor Jumped to His Death — Student Landed the Plane: "You Know What You Need to Do"
The Physical and Electronic Barriers Disrupting Domestic Wireless Networks
France and Morocco Open World Cup Quarter-Finals as Collina Defends Refereeing
Prince Harry Suffers Major Court Defeat in Legal Battle Against Daily Mail Publisher
Bonnie Tyler, Welsh Singer Behind Total Eclipse of the Heart, Dies at 75
Tech Pulse: The Future of AI and Screen Culture
Global News Briefing: Escalating Geopolitical Tensions and Corporate Shakeups
Global News Brief: Escalating Conflicts, Public Health Crises, and World Cup Drama
Federal Financial Framework Shifts as Treasury Launches Universal Savings Program for Minors
French Court Allows Le Pen to Run for Presidency, but with an Electronic Tag: "I Will Appeal, and I Will Run"
$1.4 Trillion: The Lawsuit That Could Crush Meta
Europe's Growing Struggle with Extreme Heat and Air Conditioning
UK Daily Briefing: Legal Developments and Social Issues
Political Turmoil and Rising Costs
Anthropic Reengineers Agentic Architecture to Shift Autonomous Workplace Automation to the Cloud
Logic Flaw in Windows 11 Permission Architecture Silently Consumes Hundreds of Gigabytes of Local Storage
Apple Advances Late-Stage Operating Systems with Fourth Beta Deployments
Global Crisis Alert: Escalating Middle East Tensions and UK Political Upheaval
Deep Purple Has Released Its Best Album in Decades
Microsoft Lays Off 4,800 Employees and Xbox Suffers the Hardest Blow
Morocco and France Advance as 2026 FIFA World Cup Enters Quarterfinals.
Historic 2026 Tour de France Opens in Barcelona With Revamped Team Time Trial.
Global Mergers and Acquisitions Approach $4 Trillion Defying Geopolitical Tumult.
Negotiators Advance 20-Point Framework for Gaza Ceasefire and Demilitarization.
OECD Warns Middle East Conflict Will Depress Global Economic Growth.
Ukrainian Drones Strike Major Oil Terminal in St. Petersburg.
World Meteorological Organization Issues Urgent Alert Over Rapidly Intensifying El Niño.
United States Commemorates 250th Anniversary With Diplomatic Summits and Global Flotilla.
Iran Begins Days-Long Funeral for Supreme Leader Khamenei Amid Strait of Hormuz Standoff.
Technology giant reports surging carbon emissions driven by artificial intelligence infrastructure demands.
Artificial intelligence adoption accelerates workforce reductions across the technology and financial sectors.
Global technology and financial conglomerates collaborate to launch a new stablecoin standard.
United States regulators lift export restrictions on a major frontier artificial intelligence model.
Luxury bags take over the World Cup: style, status symbol, or just showing off?
×