Jingdong Digits Technology Holding Co Ltd, also known as JD Digits, plans to raise about 20 billion yuan ($2.93 billion) from the offering to replenish capital and to invest in areas such as big data, artificial intelligence and cloud computing, it said in a regulatory filing.

The company has not yet disclosed details about the pricing of its shares.

Guotai Junan Securities are among the underwriters for the offering.

(Reporting by Twinnie Siu in Hong Kong and Colin Qian in Beijing; Editing by Louise Heavens)