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JD.com

Investment Stage
Undisclosed
Investment Focus
Local Services, Fintech, E-commerce
Has Backed
Misfit, Kingee, BitAuto, Tuniu, Fruit Day

Founded in 2004 by Liu Qiangdong (Richard Liu) with just about 30 staff, JD.com (JD stands for Jingdong) has grown to become Alibaba's biggest rival and is backed by Tencent. Similar to Amazon, the NASDAQ-listed JD.com builds and controls its own distribution/logistics network, giving it an advantage in a country used to poor package delivery services.

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