China’s 2nd Largest E-Commerce Firm, JD.com, Seeks to Expand in Insurance, Banking Expansion

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. The …

from News – Insurance Journal http://ift.tt/2G1rylM
via IFTTT