富瑞:京东物流(02618)购本地即时配送可强化服务能力 目标价19港元
智通财经网·2025-10-09 06:36

Core Viewpoint - JD Logistics has announced the acquisition of its wholly-owned subsidiary engaged in local instant delivery services from its parent company, JD Group, for a total consideration of approximately $270 million [1] Group 1: Acquisition Details - The acquisition includes businesses such as JD Group's Jida Jiang and Dasheng, which are involved in local instant delivery services [1] - The acquisition is expected to enhance service capabilities and create synergies with JD Logistics [1] Group 2: Financial Implications - The target business has already achieved pre-tax profitability, and the valuation is based on the price-to-earnings method while referencing comparable companies in the industry [1] - Jefferies has set a target price of HKD 19 for JD Logistics, reiterating a "Buy" rating, indicating a potential upside of 50% relative to the current market price [1]