The logistics division of JD.com, Alibaba’s closest e-commerce competitor in China, has raised 1.5 billion yuan (about $218 million) to invest in logistics-related companies and technology. Limited partners in the new fund include JD Logistics and JD.
from Pocket https://techcrunch.com/2019/06/24/jd-coms-logistics-arm-raises-a-218-million-investment-fund/
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