JD.com’s logistics business raises $2.5B from Hillhouse, Sequoia China and others

 JD.com, the Chinese language e-commerce big that’s Alibaba’s closest rival, is elevating giving its logistics spin-out enterprise an enormous enhance after it introduced that the unit is elevating $2.5 billion. JD Logistics, which grew to become a standalone enterprise final April, is elevating the funding capital from a spread of backers who embrace Hillhouse Capital, Sequoia China, China Retailers Group, Tencent,… Read More

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