Summary by Futu AI
Fortune Rising Holdings Ltd, an affiliate of JD.com, Inc., is set to sell 100,000 American Depositary Shares (ADS), each representing two Class A ordinary shares of JD.com, with an aggregate market value of $2,607,000. The planned sale date is 04/01/2024. These shares were originally acquired on 05/09/2014 as part of a share redesignation previously issued by JD.com for its employees under the Share Incentive Plan. Over the past three months, a total of 42,100 securities have been sold by the affiliate, generating gross proceeds of approximately $1,054,340.