JD.com's logistics business raises $2.5B from Hillhouse, Sequoia China and others – TechCrunch

JD.com's logistics business raises .5B from Hillhouse, Sequoia China and others – TechCrunch
TechCrunchJD.com's logistics business raises $2.5B from Hillhouse, Sequoia China and othersTechCrunchJD.com, the Chinese e-commerce giant that is Alibaba's closest rival, is raising giving its logistics spin-out business a huge boost after it announced that the unit is raising $2.5 billion. JD Logistics, which became a standalone business last April …and more »
JD.com's logistics business raises .5B from Hillhouse, Sequoia China and others – TechCrunch

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