JD.com (NASDAQ: JD) is the largest online retailer in China. It was formerly a division of its parent company, but now, JD Logistics (SEHK: 2618), has been spun off as its own company and trades on the Hong Kong exchange. Since the logistics business has been a strong differentiating factor for the online retailer, is the spin-off a stock that investors should take a look at?
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