Date
22 September 2017

JD.com looks for way into internet finance, paper says

JD.com Inc., China’s second-largest e-commerce company by market share, is looking to invest in fund companies to smooth its way into internet finance, China Daily reported Wednesday, citing the Economic Observer. JD.com has been “keeping close contact” with many fund companies, including leading fund manager Guangzhou-based GF Fund Management, the report said. It has reportedly hired a consultancy to pick potential candidates among small fund companies, it said. 

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