Exclusive: JD.com’s finance unit raises $2 billion, doubles valuation – sources

Uber executive Hornsey resigns in email to staff following discrimination probe
July 10, 2018
After Tesla deal, Shanghai to speed up cancellation of foreign ownership limits
July 11, 2018
This post was originally published on this site

JD.com Inc’s finance arm has raised at least 13 billion yuan ($1.96 billion) in fresh equity from Chinese investors, doubling its valuation ahead of an expected initial public offering, people with direct knowledge of the matter said.