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JD.com IPO signals investors’ appetite for Chinese online retailers
JD.com (NASDAQ:JD), China’s second largest e-commerce company after Alibaba, floated for the first time on the Nasdaq last Wednesday, raising $1.8bn. The company headquartered in Beijing, but registered in the Cayman Islands, placed 93.7m shares at $19 instead of the initial range $16-$18 per share, valuing the company at about Read more…