JD.com, Qihoo 360 buy $63m stake in Chinese property manager Colour Life

JD.com, Qihoo 360 buy $63m stake in Chinese property manager Colour Life

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

China’s largest e-commerce site JD.com and online security software company Qihoo 360 have acquired a combined stake worth HK$491 million ($63 million) in Colour Life Services Group, the country’s largest property management firm by residential floor space.

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