June 24 - 13:06
150D
JD.com raises $218 million for logistics technology
JD.com's logistics division has raised $218 million to fund investments that will include technology. Listed companies, government-led funds and JD.com itself are among the limited partners to have backed the project. JD.com spun off its logistics unit into a standalone entity in 2017 and it has since been backed to the tune of $2.5 billion.
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