JD Logistics is the logistics arm of JD.com that became a standalone business last April. It operates seven fulfillment centers and 405 warehouses in China and supports fresh-produce logistics. The unit has tested drone delivery and plans to invest more heavily in logistics automation, including automated warehouses, drones and robotics. This funding is the division's first outside funding event. The infusion positions the unit to expand investments and pursue synergies in Southeast Asia, where JD.com has investments in Thailand, Indonesia and Vietnam. JD.com will remain the majority shareholder with an 81.4 percent stake and the transaction values JD Logistics at around $13.5 billion.

Total raised

$2.5B

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2018