JD Health selects banks for planned $1 billion Hong Kong IPO

JD Health has already selected Bank of America and UBS Group AG as the banks to support it with its planned Hong Kong initial public offering, which could take place as early as this month. The company aims to raise at least $1 billion from the share sale.

JD Health, the healthcare subsidiary of e-commerce giant JD.com, was seen as the most valuable of 22 new unicorns that emerged in China last year and ranked second worldwide. 

Recently, JD Health launched its new JD Family Doctor service which enables a family of up to eight people to get their health consultations online. The service also includes access to 24-hour online consultation services provided by GPs.


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