China's JD.com said to target $2b fundraising at logistics unit

China's JD.com said to target $2b fundraising at logistics unit

REUTERS/Aly Song

China’s second-biggest e-commerce firm JD.com has kicked off a fundraising round at its logistics unit with a target of at least $2 billion, and eventually plans to list the business overseas, people with direct knowledge of the matter said.

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