Edition:
United States

JD.Com Says Entered Into Definitive Agreements To Invest In Aihuishou, An Online Second-Hand Consumer Electronics Trading Platform


Monday, 3 Jun 2019 07:57am EDT 

June 3 (Reuters) - JD.com Inc ::JD.COM INC - ENTERED INTO DEFINITIVE AGREEMENTS TO INVEST IN AIHUISHOU, AN ONLINE SECOND-HAND CONSUMER ELECTRONICS TRADING PLATFORM.JD.COM INC - WILL MERGE ITS PAIPAI SECONDHAND BUSINESS INTO AIHUISHOU WITH CERTAIN EXCLUSIVE TRAFFIC RESOURCES FOR NEXT 5 YRS.JD.COM INC - WILL ADDITIONALLY INVEST ABOUT US$20 MILLION IN CASH IN EXCHANGE FOR A NON-CONTROLLING INTEREST IN AIHUISHOU - SEC FILING.