JD.com Continues To Automate Logistics With $55M Stake
PYMNTS
MAY 14, 2019
JD.Com, the Chinese Amazon-like online marketplace, has invested further into its logistics network with a 376 million yuan (about $55 million) investment in Jiangsu Xinning Modern Logistics for a 10 percent stake, according to a report by TechCrunch. The China-listed logistics company offers supply chain services for consumer electronics.
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