JD.com’s$BNB industrial supply-chain technology arm is officially exploring interest for a Hong Kong$XRP IPO, aiming to raise around $500M. The move comes after receiving regulatory approval from China’s securities authority. 📄📈
The unit — focused on digital supply-chain, logistics tech, and industrial services — reported strong growth with billions in revenue, making it one of JD’s fastest-expanding businesses. 🚛⚙️📡
Major global banks, including Goldman Sachs and Bank of America, are backing the listing, signaling strong confidence in JD’s$SOL tech-driven supply-chain model. 🌐💼
This IPO could mark another milestone in China’s push toward smarter, more efficient industrial infrastructure.
#JDcom #BreakingNews #HongKongIPO #SupplyChain #TechNews #ChinaBusiness #MarketUpdate