Chinese online retailer JD.com, Inc. has announced a US$2.5 billion funding round for its logistics subsidiary, JD Logistics.  The funding likely values the company at around US$13.5 billion ahead of an  anticipated initial public offering later this year. Investors in the round include Hillhouse Capital, Sequoia China, China Merchants Group, Tencent, China Life, China Development Bank Capital FOF, China Structural Reform Fund and ICBC International, among others, JD.com said in a statement. JD.com was reported to have started fundraising for …

JD Logistics Raising $2.5 Billion At $13.5 Billion Valuation From Hillhouse Capital, Sequoia China, Tencent appeared first on China Money Network.


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