Jingdong Denies Reports of $2.5 Billion Bid for UK Retailer The Very Group

GateNews
According to Jingdong, the Chinese e-commerce platform denied reports recently suggesting the company was evaluating a roughly 20 billion GBP (approximately $2.5 billion) acquisition of British online retail platform The Very Group. A person close to Jingdong told the Securities Times that the company has no plans to bid for The Very Group.
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