JD Logistics Raising $2.5 Billion At $13.5 Billion Valuation From Hillhouse Capital, Sequoia China, Tencent

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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.

China Money Network

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