E-Commerce Giant JD.com in Talks to Take Controlling Share of China Logistics

Aug 27, 2021

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*JD.com, which already owns a 9.4% stake in the company, is one of China’s two top e-commerce platforms, along with Alibaba’s Tmall. (Image: China Daily)*

Leading Chinese e-commerce firm JD.com is reportedly in talks to obtain a controlling stake in China Logistics Property Holdings, one of the country’s largest shipping and warehouse companies.

The deal, …

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