JD Logistics, the logistics arm of Chinese e-commerce heavyweight JD.com, announced on Monday that the company has reached the first closing for its debut RMB-denominated industrial fund with a target to raise a total of RMB1.5 billion (US$217.97 million).
Subscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech
Want to read this important story?
Access Over 11,000 stories and data posts over the past 8 years!Register Now
Already have an account or paid subscription?