JD.com's finance affiliate raises $2 bln in fresh equity

HONG KONG (Reuters) – JD.com Inc’s (JD.
O) finance affiliate said on Thursday it has signed binding agreements with investors to raise 13 billion yuan ($1.96 billion) in fresh equity.
FILE PHOTO: A logo of JD.com is seen on a helmet of a delivery man in Beijing, China June 16, 2014.
Picture taken June 16, 2014. REUTERS/Jason Lee/File PhotoJD Finance will reach a valuation of 133 billion yuan after the closing of the fundraising, it said.
Reuters first reported the fundraising details on Wednesday. .

 

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