Posted inChina

JD Finance to raise US$1.95 bn in fresh equity from B round

JD Finance, the wealth management platform of e-commerce giant JD.com, announced it is planning to raise 13 billion yuan (US$1.95 billion) via B round financing starting on Thursday, The Paper reported. The company has signed a capital increase agreement with investors, including CICC Capital, Bank Of China Group Investment Limited, CSC Financial and CITIC Capital. […]