JD.com's fintech arm boosts capital of microlending business as China's new rules loom

JD.com's fintech arm boosts capital of microlending business as China's new rules loom

Photographer: SeongJoon Cho /Bloomberg

The fintech arm of online retailer JD.com Inc. has increased the registered capital of an online microlending business for the second time in four months to comply with a tighter regulatory regime that’s expected to come into effect by the end of the year.