Parties will explore co-operation in multiple areas, including property development and fund management. : Chinese e-commerce platform JD.com has invested US$306m (€258.6m) in e-Shang Redwood (ESR), with the two looking to expand their activities across Asia-Pacific. JD and Warburg Pincus backed ESR say they will leverage their resources and management expertise to proactively explore co-operation in multiple areas, including property development, fund management, and investment. Zhenhui Wang, CEO of JD Logistics, said: “Investing in ESR, a leading pure-play pan-Asia logistics real estate platform and one of our major warehouse partners, presents tremendous opportunities for us.