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JD.Com Soars 1.17%: Home Credit Deal Drives Stock Surge!
Wednesday, Jun 4, 2025 7:36 am ET1min read
Jd.Com, Inc. rose 1.17% in premarket trading, with the company being part of a consortium that acquired the Chinese branch of the consumer lending business Home Credit (HC) from PPF Group for €298mn. This acquisition marks the end of 14 years of PPF's involvement in the Chinese market and positions .com as a majority owner of HCCF, aligning with the positive stock movement.
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