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JD Logistics Postpones Circular Dispatch for Kuayue-Express Acquisition to March 2025

JD Logistics Postpones Circular Dispatch for Kuayue-Express Acquisition to March 2025

The Logistic News by The Logistic News
January 26, 2025
in Business
Reading Time: 1 min read
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JD Logistics, Inc., a prominent provider of supply chain solutions, has announced a delay in the dispatch of its circular regarding the acquisition of the remaining 36.43% equity interest in Kuayue-Express. The circular, which is expected to include comprehensive details such as financial information and recommendations, is now scheduled to be dispatched by March 31, 2025.

Background:

JD Logistics has been actively pursuing full ownership of Kuayue-Express to enhance its logistics capabilities and expand its market presence. The acquisition aims to integrate Kuayue-Express’s specialized services into JD Logistics’ extensive network, thereby improving service efficiency and customer reach.

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Implications of the Delay:

The postponement of the circular’s dispatch may impact shareholders and stakeholders awaiting detailed information on the acquisition. It is anticipated that the delay will provide JD Logistics with additional time to finalize pertinent details and ensure comprehensive disclosure to its investors.

Company Overview:

JD Logistics, Inc. is a leading logistics company offering a wide range of supply chain solutions. The company is known for its extensive network and advanced logistics infrastructure, serving various industries with tailored logistics services.

The company remains committed to transparency and will provide further updates as more information becomes available.

For more updates on developments in the logistics industry, stay tuned to The Logistic News.

#LogisticsNews #JDLogistics #KuayueExpress #AcquisitionUpdate #TheLogisticNews

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