JD.com Unit Buys One of China’s Largest Warehouse Operators

What’s new: JD.com Inc. has acquired one of China’s largest warehouse operators in a move that could boost its logistics infrastructure in the world’s second-largest economy.

In an exchange filing Thursday, the Beijing-based e-commerce giant said that its infrastructure management unit, JD Property, has exercised its option to buy China Logistics Property Holdings Co. Ltd. outright after taking a significant stake in the Hong Kong-listed company.