JD.com’s finance affiliate raises $2 billion, more than doubles valuation

July 12, 2018 admin Business News Comments Off on JD.com’s finance affiliate raises $2 billion, more than doubles valuation

JD.com Inc’s finance affiliate said on Thursday it has signed binding agreements with investors to raise 13 billion yuan ($1.96 billion) in fresh equity at a valuation of nearly $20 billion.

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Source:: Reuters – Business News