JD.com’s Supply-Chain Tech Unit Gauges Interest for HK IPO (1)

JD.com Inc.’s supply-chain technology unit has started gauging interest for a Hong Kong initial public offering that may raise around $500 million in the coming weeks, people familiar with the matter said, setting it on course to complete a more than two-year attempt to go public.

Jingdong Industrials Inc. started Monday so-called investor education meetings, according to terms of the deal seen by Bloomberg News. It first filed for an IPO in March 2023, but received approvalfrom China’s securities regulator only in September.

The unit plans to use proceeds from the offering to boost its industrial supply-chain capabilities, ...