JD.com Inc. may list its logistics unit in the future but it currently has no clear plan, a senior company executive said.
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.
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 business overseas.