By Chris Dolmetsch
The appeals court in Manhattan on Thursday reversed a 2016 decision by U.S. District Judge Jed Rakoff.
The used phone commerce site had last raised over $1.8 million in seed funding in 2015.
Funding is one of Alibaba’s largest investments after its infusion of over $2b in total in Lazada.
Foxconn has reported an impairment loss of $160 million.
The settlement requires Uber to conduct an audit every two years for the next 20 to make certain it meets the FTC requirements.
SoftBank, Didi Chuxing, Dragoneer and General Atlantic would invest in the latest round.
Uber had appealed the order on Tuesday, and restarted its operations after briefly suspending it.
The lawsuit, filed on Thursday, accused Kalanick of concealing a range of misdeeds from the board.
In July, the transport regulator had said that Uber and rival Grab allow drivers without permits to operate.
JD Finance is now a fully Chinese-owned entity, giving it greater regulatory freedom.