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Chinese online retailer JD.com files for $1.5B U.S. IPO

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JD.com Inc. (formerly 360Buy), one of the largest online retailers in China, just filed with SEC for an IPO to raise up to $1.5 billion in the U.S.. The company started as a business-to-customer e-commerce service in 2004 and then introduced third-party retailers in October 2010. Its business model, selling goods directly to users and taking commis…Read More

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