JD.com's finance unit aims to raise $1.9 billion, valuation set to double: sources

JD.com's finance unit aims to raise $1.9 billion, valuation set to double: sources

6 years ago
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https://www.reuters.com/article/us-jd-com-fundraising/jd-coms-finance-unit-aims-to-raise-1-9-billion-valuation-set-to-double-sources-idUSKCN1GS0QV

JD.com Inc's finance arm is looking to raise about 12 billion yuan ($1.9 billion) in fresh equity that could see its value double from last year to more than $20 billion, three people with knowledge of the matter said.

JD.com's finance unit aims to raise $1.9 billion, valuation set to double: sources

Mar 16, 2018, 10:18am UTC
https://www.reuters.com/article/us-jd-com-fundraising/jd-coms-finance-unit-aims-to-raise-1-9-billion-valuation-set-to-double-sources-idUSKCN1GS0QV >JD.com Inc's finance arm is looking to raise about 12 billion yuan ($1.9 billion) in fresh equity that could see its value double from last year to more than $20 billion, three people with knowledge of the matter said.