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11 August 2017

JD Finance to fund consumer startups

JD.com's financial services arm has announced a consumer-focused venture capital fund called Qianshu Capital that will invest at seed or series A stage.

Author: Robert Lavine, News Editor

JD Finance, the financial services arm of China-based e-commerce firm JD.com, has formally launched a strategic venture capital fund called Qianshu Capital, China Money Network reported today.