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Alibaba rival's switch in logistics stacks up

Retrieved on: 2018-01-15 11:00:00

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<div>Chinese investment firm Hillhouse Capital Group and <b>Sequoia Capital</b> China will probably be lead investors in the funding round for JD Logistics, which will be valued at around $10 billion, the sources told Reuters. In April, JD.com established JD Logistics as a separate business. The subsidiary offers ...</div>

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