Employees wearing protective masks sort parcels at a JD.com Inc. delivery station in Beijing on Tuesday, April 14, 2020. Photo: Bloomberg Employees wearing protective masks sort parcels at a JD.com Inc. delivery station in Beijing on Tuesday, April 14, 2020. Photo: Bloomberg
Employees wearing protective masks sort parcels at a JD.com Inc. delivery station in Beijing on Tuesday, April 14, 2020. Photo: Bloomberg
Business /  Companies

Online shopping giant JD.com invests US$100 million for a stake in one of the world’s oldest and largest supply chain managers

  • As part of the agreement, JD.com, Li & Fung will partner on private-label initiatives for the Chinese domestic market
  • Fung family will retain control of the company with 60 per cent of its voting rights

Topic |   US-listed Chinese stocks
Chad Bray
Chad Bray

Updated: 3:30pm, 20 Oct, 2020

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Employees wearing protective masks sort parcels at a JD.com Inc. delivery station in Beijing on Tuesday, April 14, 2020. Photo: Bloomberg Employees wearing protective masks sort parcels at a JD.com Inc. delivery station in Beijing on Tuesday, April 14, 2020. Photo: Bloomberg
Employees wearing protective masks sort parcels at a JD.com Inc. delivery station in Beijing on Tuesday, April 14, 2020. Photo: Bloomberg
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