HONG KONG -- The logistics unit of Chinese e-commerce platform JD.com has secured about $1.5 billion in commitments from SoftBank Vision Fund, Singapore government investment fund Temasek and five other cornerstone investors as it heads for a public listing, two people familiar with the deal said.
JD Logistics plans to open its Hong Kong initial public offering for general orders as early as Monday, seeking to raise as much as $3.5 billion.
