JD.com pours $54m into Chinese logistics firm Jiangsu Xinning for 10% stake

FILE PHOTO: Employees work at a JD.com logistic centre in Langfang, Hebei province, November 10, 2015. REUTERS/Jason Lee/File Photo

China’s e-commerce giant JD.com Inc has invested 376 million yuan ($34.6 million) into listed logistics firm Jiangsu Xinning Modern Logistics, according to a stock filing by the latter on Monday.

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