JD.Com Leads $500M Investment In Tuniu Corp

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Nanjing, Jiangsu province-based Chinese travel and tour service provider Tuniu Corporation says it has signed an agreement to raise US$500 million investment from a group of investors led by e-commerce company JD.com Inc., according to a company announcement.

JD.com plans to invest US$350 million in the NASDAQ-listed company, including US$250 million in cash and US$100 million in resources and operational support.

China Money Network

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