JD's finance arm plans $1.9b fresh funding, CICC, COFCO potential investors

JD's finance arm plans $1.9b fresh funding, CICC, COFCO potential investors

Photo: Reuters

JD.com Inc’s finance arm is looking to raise about 12 billion yuan ($1.9 billion) in fresh equity that could see its value double from last year to more than $20 billion, three people with knowledge of the matter said.

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