China tour provider gets $500m from JD.com, PE investors
Tuniu, a US-listed Chinese online package tour provider, has agreed to raise $500 million through a private placement to e-commerce giant JD.com and several of its existing PE and VC backers.
The company said in a statement that JD would purchase $350 million worth of Class A ordinary shares and contribute a further $100 million in resources as part of a strategic agreement. Hony Capital will...
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