Lufax, JD Finance get pre-IPO funding

Ping An's peer-to-peer lender Lufax raises a further $1.22 billion ahead of its expected second-half IPO, while JD Finance raises $1 billion from its series-A funding round.
Richard Liu, chairman and chief executive of JD.com
Richard Liu, chairman and chief executive of JD.com
January 18, 2016

Lufax has raised a further $1.22 billion from investors, valuing the Ping An-backed group at $18.5 billion ahead of an initial public offering expected in the second half of the year.

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