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In brief: JD’s logistics arm raises $218m fund to back logistics-focused companies
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Aya Lin · · 1 min read

In brief: JD’s logistics arm raises $218m fund to back logistics-focused companies

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  • The logistics division of Chinese ecommerce giant JD.com has raised a roughly US$218 million fund to invest in companies and technologies specializing in logistics, Reuters reported.
  • The fund will stand alongside JD’s own investment team, which makes deals in a variety of sectors.
  • The company’s limited partners will include JD Logistics and the mother JD company, as well as “several listed companies and government-led funds,” the company said.

Editing by Dante Gagelonia

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TIA Writer

Aya Lin

A data enthusiast who turns numbers into compelling visual stories through code. Passionate about experimenting and aspiring to master tennis. (AI-generated profile.)

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