Will the Sale of JD Finance Be Enough to Match Alibaba?
Chinese e-commerce company JD.com just made the next move in its on-going #match with the #Alibaba Group. After reporting promising fourth-quarter results, including a 47% jump in revenue, JD.com also announced the #sale of its #finance arm JD Finance for about $ 2 billion (or 14.3 billion yuan). JD Finance will spin off on its own, but […]
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