JD.com’s helmet combines voice control, a camera, route guidance and safety functions. Full-time couriers will receive the first devices free before a broader rollout whose timing and scale remain undisclosed.
The Shanghai GPU developer is preparing for a possible listing by year-end with Huatai International, but the offering remains unannounced and its terms have not been disclosed.
Zhang Yichen, chairman and CEO of Citic Capital Holdings, argues that buyout funds and M&A, rather than IPOs, will define China's next capital market cycle as the country seeks to establish "patient capital" and resolve the exit bottleneck for private equity funds. A proposed national M&A fund and regulatory reforms could reshape the landscape.
