Jayud Global Logistics Limited Class A (JYD) has released an update.
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Jayud Global Logistics Limited is enhancing its presence in the U.S. by acquiring significant stakes in warehouses in Texas and New Jersey. The company purchased a 95% stake in a Houston warehouse and a 20% stake in a Somerset warehouse, issuing over 3.9 million Class A shares for these acquisitions. This strategic move highlights Jayud’s commitment to expanding its operations and securing long-term success.
For further insights into JYD stock, check out TipRanks’ Stock Analysis page.
