JD will invest 536.6 million yuan ($85.4 million) for a 33.3 percent stake in the China unit of global insurance giant Allianz SE, furthering its push into the financial sector.
Didi Chuxing, China's largest ride-hailing company, plans to raise 10 billion yuan ($1.6 billion) through an issuance of asset-backed securities, to help car-leasing companies on its platform to procure new vehicles.
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