JD.com, China's second-largest e-commerce site, has raised US$2.5 billion for its logistics subsidiary, valuing JD Logistics at US$10.9 billion. Photo: Reuters
Chinese online retailer JD.com raises US$2.5 billion for logistics arm in latest round of funding
The latest investment values JD Logistics at US$10.9 billion
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JD.com
JD.com, China's second-largest e-commerce site, has raised US$2.5 billion for its logistics subsidiary, valuing JD Logistics at US$10.9 billion. Photo: Reuters