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JD.com | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-Walmart Inc. (formerly known as Wal-Mart Stores, Inc.)(9.2%),Qomolangma Holdings Ltd(9.2%), etc.

SEC announcement ·  Feb 14 05:30
Summary by Futu AI
On December 31, 2023, a significant filing was made with the United States Securities and Exchange Commission (SEC) by Walmart Inc., Newheight Holdings Ltd., and Qomolangma Holdings Ltd. regarding their holdings in JD.com, Inc. The Schedule 13G/A amendment indicates that Walmart Inc., through its wholly-owned subsidiaries Newheight Holdings Ltd. and Qomolangma Holdings Ltd., holds a substantial number of shares in JD.com. Specifically, Walmart Inc. has reported shared voting and dispositive power over 289,053,746 Class A Ordinary Shares of JD.com, which represents approximately 9.2% of the class. Similarly, Newheight Holdings Ltd. holds shared voting and dispositive power over 144,952,250 shares, accounting for 4.6% of the class. Qomolangma Holdings Ltd. also reported the same amount of shared voting and dispositive power as Walmart Inc...Show More
On December 31, 2023, a significant filing was made with the United States Securities and Exchange Commission (SEC) by Walmart Inc., Newheight Holdings Ltd., and Qomolangma Holdings Ltd. regarding their holdings in JD.com, Inc. The Schedule 13G/A amendment indicates that Walmart Inc., through its wholly-owned subsidiaries Newheight Holdings Ltd. and Qomolangma Holdings Ltd., holds a substantial number of shares in JD.com. Specifically, Walmart Inc. has reported shared voting and dispositive power over 289,053,746 Class A Ordinary Shares of JD.com, which represents approximately 9.2% of the class. Similarly, Newheight Holdings Ltd. holds shared voting and dispositive power over 144,952,250 shares, accounting for 4.6% of the class. Qomolangma Holdings Ltd. also reported the same amount of shared voting and dispositive power as Walmart Inc., with 289,053,746 shares, representing another 9.2% stake. These disclosures were calculated based on the total number of ordinary shares outstanding as of February 28, 2023, as reported in JD.com's Annual Report on Form 20-F for the fiscal year ended December 31, 2022. The filing was made under Rule 13d-1(c) of the Securities Exchange Act of 1934 and was jointly filed by the aforementioned entities, which are all organized under the laws of Luxembourg, with Walmart being a Delaware corporation.

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