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June 25, 2019 05:12 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/rwfwRL8I28w/
JD.coms logistics arm raises a $218 million investment fund
The logistics division of JD.com, Alibabas closest e-commerce competitor in China, has raised 1.5 billion yuan (about $218 million) to invest in logistics-related companies and technology. Limited partners in the new fund include JD Logistics and JD.com, as well as undisclosed listed companies and government-led funds, reported Reuters. JD Logistics, which became a standalone subsidiary […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/rwfwRL8I28w/
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