JD Logistics to buy remaining stake in Kuayue-Express for $892 mln

JD Logistics

06/12/2024 10:14

Dec 6 (Reuters) - Hong Kong-listed JD Logistics
 2618.HK  will acquire the 36.43% stake it does not already own
in Kuayue-Express Group for not more than 6.48 billion yuan
($892 million), the company said on Friday.
 
 ($1 = 7.2649 Chinese yuan renminbi)

 (Reporting by John Biju in Bengaluru; Editing by Savio D'Souza)
 ((John.Biju@thomsonreuters.com;))