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What JD Is Set to Get from Its Xinning Deal

What JD Is Set to Get from Its Xinning Deal

JD, PDD, SHOP, ETSY, and GRPN Respond to CompetitionChina’s logistics industry valued at over $40 trillionJD.com (JD) recently invested ~$55 million in purchase a ~10% stake in Jiangsu Xinning Modern Logistics, a Chinese logistics company