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JD.com Shareholders Pare Stakes In $619M Follow-On Offering

By Chelsea Naso (December 3, 2014, 2:42 PM EST) -- Three shareholders in China-based JD.com Inc. pared down their holding in the direct online sales company Wednesday, launching a $619 million secondary offering that saw Chinese social messaging giant Tencent Holdings Ltd. and investment firm Tiger Global Management boost their ownership stakes in the company....

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