China’s JD Industrials completes $300m Series B
JD Industrials, a one-stop industrial products e-commerce platform under China’s JD.com has completed a USD 300m Series B round led by Abu Dhabi investors Mubadala and 42XFund.
Other investors include BPEA EQT, formerly Baring Private Equity Asia , and UK-based asset management group M&G. Existing backer Sequoia Capital China re-upped. JD Group will remain the controlling shareholder....
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