JD.com eyes $2 billion fundraising investment, report states

posted on 16th January 2018 by Jordan Newton
JD.com eyes $2 billion fundraising investment, report states

A recent report has stated that JD.com, the major e-commerce company in China, will host a round of fundraising for potential investors aiming at securing $2 billion.

A Reuters report states that people with direct knowledge of the matter has confided that JD.com is eyeing the investment, which will lead the company to be listed overseas.

The company is apparently looking to fund a wider, more efficient logistics network.

JD.com will reportedly gear up for an Initial Public Offering (IPO) later this year.