KM Financial Solutions | JD.com takes $85 mln stake in Allianz China unit
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JD.com takes $85 mln stake in Allianz China unit

JD.com takes $85 mln stake in Allianz China unit

BEIJING, April 16 (Reuters) – JD.com Inc will invest
536.6 million yuan ($85.4 million) for a 33 percent stake in the
China unit of global insurance giant Allianz SE, the
companies said, as part of the Chinese e-commerce firm’s push
into financial services.

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