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Jingdong Intends To Raise $2 Billion In The Second Half Of The Year Or Will Be Listed

2014/1/16 19:05:00 41

JingdongListedUSA

< p > according to reports, a number of people familiar with the matter said that Jingdong plans to launch IPO (initial public offering) in the second half of this year, and intends to raise 2 billion US dollars.

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< p > these people familiar with the matter said that Jingdong is cooperating with Bank of America and UBS on IPO matters.

At present, Jingdong tends to go to the United States, but it does not rule out choosing Hongkong.

For privacy reasons, the insider did not disclose further details.

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< p style= "TEXT-ALIGN: center" > img border= "0" alt= "align=" center "src=" /uploadimages/201401/16/20140116071819_sj.JPG "src=" 479 "303" / < >


< p > according to statistics, Jingdong mall will probably become the largest Chinese company in IPO financing in the US stock market in the past 10 years.

Informed sources said, Jingdong mall IPO financing proceeds will be used to expand its own "a href=" //www.sjfzxm.com/news/index_c.asp "e-commerce market < /a >.

According to McKinsey, a market research firm, it is estimated that by 2015, China's e-commerce market will reach US $395 billion.

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According to statistics, last year, Chinese companies raised a total of $907 million through listing in the US market, which is about 5 times the scale of financing in 2012.

58 the same city (stock exchange of New York Stock Code: WUBA) has risen by 146% since its stock market IPO in October last year.

In addition, where the net (NASDAQ: QUNR) has been increased by 89% since November last year in the US IPO.

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< p > according to two people familiar with the matter, Jingdong mall hopes that the time of the < a href= "//www.sjfzxm.com/news/index_c.asp" > IPO < /a can avoid Alibaba's possible IPO time.

Analysts believe that Alibaba's current valuation may be as high as 190 billion U.S. dollars.

Alibaba also plans to launch IPO this year, according to people familiar with the matter.

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< p > for the above hearsay, "a href=" //www.sjfzxm.com/news/index_c.asp "> Jingdong mall" /a "spokesman still declined to comment.

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< p > Jingdong mall was founded by chief executive Liu Qiangdong (micro-blog) in 2004.

Once the Jingdong mall has IPO in the US and raises $2 billion, the company will become the largest listed company in the US in the past 10 years.

In December 2003, China's life-insurance company invested $3 billion 300 million in IPO in the US stock market.

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< p > according to a report released last March by McKinsey, the average annual growth rate of China's online retailing industry is up to 120% between 2003 and 2011, and it is expected to increase to 395 billion US dollars in 2015.

At present, China has 591 million Internet users, more than any other country in the world except India.

According to China's Ministry of industry and information technology, China's Internet users will reach more than 850 million in 2015, and the volume of e-commerce pactions may reach 18 trillion yuan. It is estimated that retail sales will account for more than 9% of the total retail business.

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< p > last February, Prince Alwaleed of Saudi Arabia (Alwaleed) bought part of the stake in Jingdong mall and entered the world's fastest growing e-commerce market as an investment.

Jingdong claimed at that time that it had invested about $700 million in investment from Kingdom Holding, Ontario Teachers' Pension Plan, and other large shareholders in Ontario.

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Other investors of < p > Jingdong mall include Russian billionaire Alisel Usmanov Usmanov Alisher.

Lucius Maarof also invested in Twitter, Facebook and Alibaba.

Lucius Maarof announced in June last year that he expects at least twice the investment in Jingdong mall.

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