China Digest: JD.COM invests in Giga Cloud; Jiangxing Intelligence bags nearly $15m

China Digest: JD.COM invests in Giga Cloud; Jiangxing Intelligence bags nearly $15m

Giga Cloud Logistics

Giga Cloud Logistics has secured 260 million yuan ($40 million) in new funding from JD.COM and Oriza Holdings, while Jiangxing Intelligence has raised nearly 100 million yuan ($15 million) in its Series A+ round led by Poly Capital.