JD.com’s Jingdong Industrials Wins Hong Kong Listing Nod as US$500 Million AI Supply‑Chain IPO Nears
HONG KONG / BEIJING – November 25, 2025 – JD.com’s industrial supply‑chain technology arm, Jingdong Industrials (JDi), has cleared a key regulatory hurdle and accelerated investor marketing for a Hong Kong IPO that could raise up to US$500 million as