Summary by Moomoo AI
JD Logistics (HKEx: 2618), a consolidated subsidiary of JD.com, has entered into an equity transfer agreement on December 6, 2024, to acquire the remaining 36.43% equity interest in Kuayue-Express Group for up to RMB6,484 million. JD Logistics currently holds a 63.57% stake in the company.Upon completion of the transaction, JD Logistics will own 100% of Kuayue-Express. The acquisition will be executed in multiple phases and remains subject to standard closing conditions.