Filing: JD.com has invested ~$55M for a 10% stake in Chinese logistics firm Xinning, which will partner with JD Logistics to help automate its logistics service (Rita Liao/TechCrunch)

Rita Liao / TechCrunch:
Filing: JD.com has invested ~$55M for a 10% stake in Chinese logistics firm Xinning, which will partner with JD Logistics to help automate its logistics service  —  JD.com, the Chinese answer to Amazon and Alibaba's long-time rival, is looking to further automate its logistics network …

from Techmeme http://bit.ly/2JpnVIu