JD.com unit makes $513m offer for controlling stake in China Logistics

JD.com unit makes $513m offer for controlling stake in China Logistics

REUTERS/Aly Song/Files

Chinese e-commerce giant JD.com Inc’s real estate unit has made an about HK$3.99 billion ($513.45 million) offer to buy a controlling stake in storage facilities manager China Logistics Property Holdings, the companies said in a joint exchange filing on Friday.

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