JD Logistics Pours $54M Into Xinning Logistics To Join Forces In Internet Of Vehicles

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A wholly-owned subsidiary of JD Logistics, the logistics arm of Chinese e-commerce giant JD.com, has inked a strategic investment agreement to pour RMB376 million (US$54.76 million) into the country’s logistics firm Xinning Logistics, according to a statement on late Monday.

China Money Network

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