Beijing-based e-commerce for JD.com, Inc. has agreed to invest HK$1.3 billion (US$170 million) for an approximately 10% stake in Hong Kong-listed software and cloud services firm, Kingdee International Software Group Company Limited, according to a company announcement. JD.com is to purchase Kingdee shares at HK$4.60 per share in cash, representing the average closing price of […]
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