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Asia300

China's JD.com raises $2.5bn for logistics business

Tencent and China Life join in financing for advanced technologies

  © Reuters

HONG KONG (Nikkei Markets) -- JD.com, China's largest retailer, said it is raising about $2.5 billion in a financing round for its unit JD Logistics as it seeks to expand its presence in areas such as automation, drones and robotics.

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