Hillhouse invests $830m in China’s JD Health
Hillhouse Capital has agreed to invest $830 million in JD Health, the healthcare unit of Chinese e-commerce giant JD.com, which will remain the majority shareholder.
The deal, part of JD Health’s Series B round, is expected to be closed in the third quarter. JD Health spun out from its parent company in May last year, when a group including CPE (formerly known as...
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