China's State-backed Beijing Automotive Group (BAIC) will take its electric vehicle unit public by injecting it into another listed subsidiary, boosting its financial muscle as the battle for the country's fiercely contested green energy car market heats up.

China's second-largest e-commerce player JD will invest more than 20 billion yuan ($3.12 billion) in Northeast China, comprising Heilongjiang, Jilin and Liaoning provinces, in the next three years, to promote local industrial upgrades, increase employment opportunities and inject technological innovation impetus.

JD Logistics, the logistics unit of China's second-largest e-commerce player JD, is raising funds for eventually going public as an independent company, said Liu Qiangdong, founder and CEO of JD.

Chinese e-commerce giant JD is bringing its autonomous delivery vehicles to the streets of Tianjin, as part of its commitment to support smart cities.

China's second-biggest e-commerce firm JD has kicked off a fundraising round at its logistics unit with a target of at least $2 billion, and eventually plans to list the business overseas, people with direct knowledge of the matter said.

China’s second-biggest e-commerce firm JD.com has kicked off a fundraising round at its logistics unit with a target of at least $2 billion, and eventually plans to list the business overseas, people with direct knowledge of the matter said.