JD.com shareholders raise $619m

It is the first selldown by shareholders in the Chinese online retailer, which listed its shares on Nasdaq in May, paving the way for Alibaba.

Suzy Waite

December 03, 2014

JD.com shareholders raised $619 million in a share sale on Wednesday, offloading roughly 26 million ADRs in the Chinese online retailer.

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].