Jade Invest sold its stake in Latt Liv to JD.

Shanghai and London-based private equity firm Jade Invest sold its stake in Latt Liv, Chinese lifestyle retailer, to JD, a Chinese e-commerce company headquartered in Beijing. Financial terms were not disclosed. “We are very pleased to add such a strong strategic partner to Lätt Liv’s shareholder base. This adds a further boost to an already fast-growing business, both in terms of online sales potential and overall branding,” Jade Invest managing partner Ludvig Nilsson said.