The JD Finance website announced on July 12th that the company recently signed binding investment plans with China International Capital Cooperation Limited, Bank of China Group Investment Limited, China Securities, and CITIC Capital. The investments are worth 130 million yuan [19.44 million USD] and are expected to bring 1.33 billion yuan [198.8 million USD] in return. This round of investments is planned to conclude in the third quarter of 2018.
Data on the website shows that until now JD Finance has invested in more than 700 companies as well as more than 8 million small-scale online and offline traders, and 400 million individuals. In addition, JD Finance also provides services for urban planning, digitized business services, and artificial intelligence.
Source: TechWeb