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13 March 2018

JD Finance seeks $2bn deposit

Cofco and China International Capital are in talks to lead a round that would value's financial services spinout at up to $30bn.

Author: Thierry Heles, Reporter

JD Finance, the financial technology spinoff of China-based e-commerce company, is seeking $2bn in funding from investors including food processing firm Cofco, China Money Network reported today.