JD.com’s logistics arm raises a $218 million investment fund

JD.com’s logistics arm raises a $218 million investment fund

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The logistics division of JD.com, Alibabas closest e-commerce competitor in China, has raised 1.5 billion yuan (about $218 million) to invest in logistics-related companies and technology. Limited partners in the new fund include JD Logistics and JD.com, as w…
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