Bing Fu, head of planning and development at JD
Logistics, made the comments to reporters on the sidelines of a
media tour. He also said that JD.com has currently no timeline
for when the logistics unit will achieve profitability.
"Currently we don't have this plan but we think maybe in the
future it is possible," he said, referring to any IPO of the
Reuters reported last year that JD.com, China's second biggest
e-commerce firm after Alibaba, was raising funds for its
logistics unit and that it had plans to eventually list the
(Reporting by Josh Horwitz in Beijing; Writing by Brenda Goh in
Shanghai; Editing by Muralikumar Anantharaman)
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