FOX Business Network’s (FBN) Maria Bartiromo reports that “the NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) has won the latest hot IPO in JD.com.” Bartiromo went on to say, “The company is expected to come to market in the next few week” and “it’s looking like a 20 billion dollar valuation for JD.com when it does list.”

JD.com Nasdaq

On whether the NASDAQ has won JD.com:

“I have learned that the NASDAQ has won the latest hot IPO in JD.com. The company is expected to come to market in the next few weeks and this win gives NASDAQ a leg up in the IPO war with the NYSE Euronext (NYSE:NYX) – it’s looking like a 20 billion dollar valuation for JD.com when it does list. We’re expected that in the next several weeks.”