JD.com provided $142m for the lift-based advertising screen provider, nine months after it received $302m in funding from Baidu.

China-based advertising space operator XinChao Media Group raised almost RMB1bn ($142m) yesterday in a funding round led by e-commerce firm JD.com. XinChao’s service enables companies and brands to place adverts on LED screens fitted in more than 700,000 lifts across more than 1,000 cities in China. The deal is intended to help JD.com expand its…

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