Today’s top tech news, February 14: South Korea vows firm action against illegal cryptocurrency trading

Also in the news is JD.com logistics unit’s US$2.5 billion fundraise from investors including Hillhouse Capital and Sequoia China JD.com’s logistics business raises US$2.5B from Hillhouse, Sequoia China and others [TechCrunch]

JD.com, the Chinese e-commerce giant that is Alibaba’s closest rival, is raising giving its logistics spin-out business a huge boost after it announced that the unit is raising US$2.5 billion.

JD Logistics, which became a standalone business last April, is...

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Hillhouse [+]    Sequoia China [+]    TechCrunch [+]    Alibaba [+]    JD Logistics [+]   

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