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JD Logistics to Hold EGM for Approval of Revised Agreement with JD.com

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JD Logistics to Hold EGM for Approval of Revised Agreement with JD.com

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The latest update is out from JD Logistics, Inc. ( (HK:2618) ).

JD Logistics, Inc. has announced an extraordinary general meeting to consider approving a supplemental agreement with JD.com, which revises the annual caps for their supply chain solutions and logistics services for the next two years. This move is expected to strengthen JD Logistics’ operational ties with JD.com, potentially enhancing its market position and operational efficiency within the logistics industry.

The most recent analyst rating on (HK:2618) stock is a Buy with a HK$15.00 price target. To see the full list of analyst forecasts on JD Logistics, Inc. stock, see the HK:2618 Stock Forecast page.

More about JD Logistics, Inc.

JD Logistics, Inc. is a company incorporated in the Cayman Islands, primarily engaged in providing integrated supply chain solutions and logistics services. It operates in the logistics industry, focusing on delivering comprehensive supply chain services to its clients, including JD.com, its subsidiaries, and affiliated entities.

Average Trading Volume: 16,100,877

Technical Sentiment Signal: Sell

Current Market Cap: HK$84.25B

For an in-depth examination of 2618 stock, go to TipRanks’ Overview page.

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