JD.com Raises $2.5 Billion To Expand Logistics Network In China

Retrieved on: 2018-02-14 00:41:15

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JD.com Raises $2.5 Billion To Expand Logistics Network In China. View article details on hiswai:

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<div>Investors in the funding round include China internet giant Tencent Holdings (TCEHY), <b>Sequoia Capital</b>, Hillhouse Capital, China Merchants Group and various other China finance entities. JD.com will now hold an 81.4% stake in JD Logistics, which has an estimated valuation near $11 billion. JD.com is ...</div>

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