Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

JD.com Buys Two Parcels of Land in Beijing for RMB 3.85 Bln

21 Century Business Herald, 8/08/17

Chinese B2C e-commerce platform JD.com (Nasdaq: JD) recently purchased two parcels of land in the Beijing Yizhuang Economic and Technological Development Area for RMB 3.85 bln.

The properties, which have an area of 66,237 square meters, are classified for B4 comprehensive business and financial services land use and S41 public parking lot land usage.

JD.com has not responded to inquiries about what the land will be used for, but a person with knowledge of the matter said that JD.com will use it to establish a research facility.

Keywords: e-commerce Internet B2C JD.com JD

Marbridge Daily Premium

Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:

Click here

Marbridge Consulting RSS Feed

Marbridge Reports