Tencent technology news, according to Reuters media IFR, after the division of JD cloud and AI business to JD digital, JD digital may apply for IPO of science and technology innovation board again.
Jingdong group（ JD.NASDAQ ）According to the announcement, a final agreement has been signed to divest JD cloud and AI business to JD digits, with the business value of about 15.7 billion yuan.
After the deal was completed on March 31, Jingdong group's stake in Jingdong digital technology increased to about 42%.
In June 2020, Jingdong group reached an agreement with Jingdong Digital Technology Co., Ltd. to convert the profit sharing right into 35.9% equity of Jingdong Digital Technology Co., Ltd., and at the same time to increase capital of RMB 1.78 billion to purchase equity in cash from Jingdong Digital Technology Co., Ltd. After the completion of the transaction, Jingdong group will hold a total of 36.8% equity of Jingdong digital technology.
Now the figure has risen to 42%, which means that the internal valuation of JD cloud and AI business exceeds 300 billion yuan.