JD com : Completion of Acquisition of Equity Interest in the Deppon Holdco by JD Logistics - Form 6-K
July 27, 2022 at 06:14 am EDT
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Completion of Acquisition of Equity Interest in the Deppon Holdco by JD Logistics
On July 26, 2022, JD Logistics, Inc. ("JD Logistics") (HKEx: 2618), a consolidated subsidiary of JD.com, Inc., through its indirectly wholly-owned subsidiary, has completed the acquisition of more than 50% equity interest in Ningbo Meishan Baoshui Area Deppon Investment Holding Company Limited (the "Deppon Holdco") (the "Completion"), being the first tranche of the staggered acquisition arrangement. Deppon Holdco in turn holds a total of approximately 66.50% of the issued share capital of Deppon Logistics Co., Ltd ("Deppon", Shanghai Stock Exchange stock code: 603056). Deppon is an integrated, customer-centered logistics company providing a wide range of solutions including Less-Than-Truckload (LTL) transportation, Full Truck Load (FTL) transportation, delivery services, and warehousing management. As a result of the Completion, Deppon Holdco (including Deppon and its subsidiaries) has become a subsidiary of JD Logistics, and its financial results, except for that of certain excluded business, have been consolidated into JD Logistics' consolidated financial statements.
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JD.com Inc. published this content on 27 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 July 2022 10:12:20 UTC.
JD.com, Inc. is the No. 2 Chinese consumer Internet sales platform. In parallel to this activity, the group has developed a marketplace to connect third-party sellers with customers. Net sales break down by activity as follows:
- sale of products (85.7%): consumer electronic goods and electrical household goods (60.4% of net sales; computers and peripherals, digital products, mobile phones, TVs, players, loudspeakers, cameras, digital video cameras, games consoles, etc.) and other (39.6%; clothing and accessories, household goods, luxury products, home accessories, personal beauty products, cosmetics, food, media products, leisure goods, sports equipment, etc.);
- services (14.3%).
JD.COM, INC. 
