China’s raises $800m from Hillhouse Investment, Warburg Pincus

The round was directed towards the group’s infrastructure business unit where will remain the majority shareholder after the closing of the transaction.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

March 29, 2022 | 12:15 AM BST

Chinese technology and service provider, Inc. (Nasdaq: JD; HKEx: 9618) has announced that JD Property, a subsidiary of and the infrastructure asset management and integrated service platform within the group, has entered into definitive agreements for its non-redeemable series B preferred share financing with investors led by Hillhouse Investment, Warburg Pincus, and one leading global institutional investor, among others.

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João Marques Lima

Founder and Editor, The Tech Capital

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