# JD Development

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jd-development

- Industry: Commercial Property
- Headquarters: Suqian, China
- Total disclosed funding: $1.5B
- Latest round: Series B (Mar 28, 2022)
- Investors on record: 3

## About

Established in 2015 and based in Jiangsu, China, JD Development is a subsidiary of JD group that provides infrastructure property development, operation and management services. In March 2022, JD Development raised USD 800 million in series B funding co-led by returning investors Hillhouse Capital Group, Warburg Pincus, and new investor CPE Funds Management. The series B funding values the company at USD 8 billion post-money.

The company provides comprehensive solutions such as property development, management and operation, modern warehouses, intelligent industrial parks, and data centers for its partners.

## Funding rounds

- Series B, Mar 28, 2022, $800M — Warburg Pincus, CPE Funds Management, Hillhouse Investment
- Series A, Mar 11, 2021, $700M — Warburg Pincus, Hillhouse Investment

## Investors

- Warburg Pincus (https://capitalatlas.ai/funds/warburg-pincus) — Series A, Series B
- Hillhouse Investment (https://capitalatlas.ai/funds/hillhouse-investment) — Series A, Series B
- CPE Funds Management (https://capitalatlas.ai/funds/cpe-funds-management) — Series B