#jdcoms

JD.com’s 1-year-old health unicorn to get $830M from Hillhouse – TechCrunch

In recent years, China’s online shopping titans have been muscling into the prescription drug market. When JD.com, Alibaba’s archrival, realized the health market spans well beyond retail, it spun out its healthcare unit into a subsidiary last May for a potential initial public offering. That startup, JD Health, gained a staggering valuation of $7 billion fresh off its $1 billionSeries A…

JD.com’s billionaire CEO released after U.S. arrest

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BEIJING (Reuters) – The billionaire founder and chief executive of Chinese e-commerce firm JD.com Inc (JD.O), Richard Liu, was arrested in the U.S. state of Minnesota on suspicion of criminal sexual conduct and later released after what the company said was a false accusation.

FILE PHOTO: JD.com founder Richard Liu attends a business forum in Hong Kong, China June 9, 2017.…

JD.com’s billionaire CEO released after U.S. arrest

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BEIJING (Reuters) – The billionaire founder and chief executive of Chinese e-commerce giant JD.com Inc (JD.O), Richard Liu, was arrested in the U.S. state of Minnesota on suspicion of criminal sexual conduct and later released after what the company said was a false accusation.

FILE PHOTO: JD.com founder Richard Liu attends a business forum in Hong Kong, China June 9, 2017.…

Visit Now - https://zeroviral.com/brief-better-life-commercial-chain-shares-shareholders-to-sell-stakes-to-tencent-jd-coms-affiliates/

BRIEF-Better Life Commercial Chain Share's Shareholders To Sell Stakes To Tencent, JD.com's Affiliates

Feb 23 (Reuters) – Better Life Commercial Chain Share Co Ltd :

* SAYS IT SIGNS STRATEGIC AGREEMENT WITH JD.COM, TENCENT

* SAYS TWO SHAREHOLDERS AGREE TO SELL 6 PERCENT STAKE IN THE COMPANY TO TENCENT‘S AFFILIATE

* SAYS TWO SHAREHOLDERS AGREE TO SELL 5 PERCENT STAKE IN THE COMPANY TO JD.COM‘S AFFILIATE

* SAYS STAKE SALE TO TENCENT‘S AFFILIATE AT 886.9 MILLION YUAN ($140.00 million)

* SAYS STAKE SALE TO JD.COM‘S AFFILIATE AT 739.1 MILLION YUAN

* SAYS SHARE TRADE TO RESUME ON FEB 26 Source text in Chinese: bit.ly/2sPqgVy; bit.ly/2CEct3V; bit.ly/2olkp5K Further company coverage: ($1 = 6.3352 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

JD.com’s logistics business raises $2.5B from Hillhouse, Sequoia China and others

 JD.com, the Chinese language e-commerce big that’s Alibaba’s closest rival, is elevating giving its logistics spin-out enterprise an enormous enhance after it introduced that the unit is elevating $2.5 billion. JD Logistics, which grew to become a standalone enterprise final April, is elevating the funding capital from a spread of backers who embrace Hillhouse Capital, Sequoia China, China…