JD.com's logistics unit raises $218m investment fund

JD.com's logistics unit raises $218m investment fund

Photo: Reuters

Chinese e-commerce giant JD.com’s logistics division has raised a 1.5 billion yuan ($218 million) fund to invest in companies and technologies specializing in logistics, the company said on Monday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter