CNBC |
China's 2nd Largest E-Commerce Firm, JD.com, Seeks to Expand in Insurance, Banking
Insurance Journal JD.com Inc's finance arm is looking to raise about 12 billion yuan ($1.9 billion) in fresh equity that could see its value double from last year to more than $20 billion, three people with knowledge of the matter said. The unit of China's second ... JD.com's finance arm is fundraising at a $20 billion valuation |
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