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JD.com files for IPO of up to $1.5 bln
January 30, 2014 / 11:36 AM / in 4 years

JD.com files for IPO of up to $1.5 bln

Jan 30 (Reuters) - JD.com, China’s second-largest e-commerce site, said on Thursday it plans to raise up to $1.5 billion in an initial public offering of American depositary shares.

JD.com, which competes with Alibaba Group Holding Ltd , listed BofA Merrill Lynch and UBS Securities LLC as lead underwriters to its offering, in a filing with the U.S. Securities and Exchange Commission. ()

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