JD.com closes deal to buy the Jade Palace Hotel in Beijing for US$400 million. Photo: Handout JD.com closes deal to buy the Jade Palace Hotel in Beijing for US$400 million. Photo: Handout
JD.com closes deal to buy the Jade Palace Hotel in Beijing for US$400 million. Photo: Handout

Why is JD.com spending US$400 million to buy this hotel in Beijing?

  • The five-star Jade Palace Hotel is located near Beijing’s technology hub, Zhongguancun

Topic |   US-listed Chinese stocks
JD.com closes deal to buy the Jade Palace Hotel in Beijing for US$400 million. Photo: Handout JD.com closes deal to buy the Jade Palace Hotel in Beijing for US$400 million. Photo: Handout
JD.com closes deal to buy the Jade Palace Hotel in Beijing for US$400 million. Photo: Handout
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