Filing: JD.com has invested ~$55M for a 10% stake in Chinese logistics firm Xinning, which will partner with JD Logistics to help automate its logistics service (Rita Liao/TechCrunch)

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Rita Liao / TechCrunch:
Filing: JD.com has invested ~$55M for a 10% stake in Chinese logistics firm Xinning, which will partner with JD Logistics to help automate its logistics service  —  JD.com, the Chinese answer to Amazon and Alibaba's long-time rival, is looking to further automate its logistics network …



from Techmeme http://bit.ly/2JpnVIu
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