Hot Deals, Businessman Writing on Glass

The SOUTH CHINA MORNING POST reports:

– Subsidiary JD Logistics will acquire a controlling interest in Shenzhen-based courier services provider Kuayue Express

– The deal was made weeks after JD.com bought a stake in Hong Kong-based supply chain manager Li & Fung for US$100 million

Chinese online retail giant JD.com has agreed to buy a controlling stake in express transport firm Kuayue-Express Group Co for 3 billion yuan (US$432 million), escalating its efforts to transform into a major supply chain services and technology ...

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