Hillhouse, Sequoia join $2.5b round for JD.com's logistics unit
Chinese online retailer JD.com has raised approximately $2.5 billion for its logistics subsidiary from investors including Hillhouse Capital and Sequoia Capital China.
Other participants in the round include China Merchants Group, Tencent Holdings, China Life Insurance, a fund-of-funds managed by China Development Bank Capital, China Structural Reform Fund, and ICBC...
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