JD.Com Inc.’s (NASDAQ:JD) Financial Unit Raises $1.01 Billion From High-Profile Investors

JD.Com Inc.’s (NASDAQ:JD) financial arm managed to raise $1.01 billion today from a group of high-profile investors. This makes JD.Com’s money-focused unit the second Chinese financial arm of an e-commerce giant to successfully raise over $1.01 billion. Alibaba Group Holding Ltd (NYSE:BABA)’s Ant Financial raised an undisclosed round at $45-$50 billion valuation, last […]