Warburg, Hillhouse Capital lead $700m Series A funding in JD Property

Warburg, Hillhouse Capital lead $700m Series A funding in JD Property

A logistics facility in Guangdong, China. Photo on Unsplash.

Warburg Pincus and Hillhouse Capital will co-lead a $700 million Series A financing round in JD Property, the infrastructure asset management and integrated service subsidiary of Chinese online retailer JD.com.