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China’s second largest e-commerce company JD.com has entered the capital US market by debuting on the Nasdaq. Its IPO is amongst the biggest this year, challenging Amazon and eBay as Wall Street’s favorite online retailers.

The company raised about US$1.8 billion in its IPO, with shares priced at US$19 per share. JD.com is the latest in a string of Chinese tech and Internet companies to go public in the US.