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JD.com to invest $100m in Chinese electronics retailer Gome

China’s ecommerce giant JD.com announced that it will buy US$100 million worth of convertible bonds in electronics chain Gome Retail. The investment comes after Gome raised US$200 million from JD.com rival Pinduoduo last month. Read more: https://bit.ly/3eyjXsh

JD.com to invest $100m in Chinese electronics retailer Gome

China’s ecommerce giant JD.com announced that it will buy US$100 million worth of convertible bonds in electronics chain Gome Retail. The investment comes after Gome raised US$200 million from JD.com rival Pinduoduo last month. Read more: https://bit.ly/3eyjXsh

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