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Hillhouse to invest US$830M in JD Health – TechCrunch

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Hillhouse to invest US$830M in JD Health – TechCrunch

Hong Kong-based private equity firm Hillhouse Capital Management Ltd. agreed to invest US$830 million in China-based health platform JD Health, TechCrunch reported.

JD Health expects to complete the series B funding round in the third quarter, with its parent company JD.com Inc. remaining the majority shareholder.