Investors to transfer $1bn to JD Finance · Articles · Global Corporate Venturing
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18 January 2016

Investors to transfer $1bn to JD Finance

China Taiping Insurance has participated in a first funding round for e-commerce company JD’s financial services subsidiary which valued it at about $7bn.

Author: Thierry Heles, Reporter

JD Finance, the financial services subsidiary of China-based e-commerce company JD.com, agreed a RMB6.65bn ($1bn) share subscription on Saturday co-led by insurance provider China Taiping Insurance.