Logistics industry

Walmart Inc. (NYSE: WMT) and JD.com Inc. (Nasdaq: JD) have invested about $500 million in Chinese logistics company Dada-JD Daojia, with about $320 million coming from Walmart. Walmart owns more than a 10 percent stake in Dada.

Pfizer injects $600 million into venture capital arm to back neuroscience companies; The Jordan Co. buys logistics firm; Nominate Rising Stars of PE by June 8.

Brightstar Capital Partners managing partner Andrew Weinberg outlines the firm’s strategy in this Q&A.

FP buys cybersecurity developer Bomgar from Thoma Bravo; e-commerce demands fuel Ryder acquisition; Liberty Hall adds aircraft parts supplier to Bromford.

FedEx deal underscores rise of logistics M&A; Marvel Studios veteran launches new project; Five Point Energy raises fund; Monroe hires two.

LLR Partners invests in payments software provider; FedEX purchases logistics company; Ardian hires U.S. infrastructure co-head.

Shipping giant picks up UK-based P2P Mailing limited.

Duff & Phelps buys risk management firm Kroll; GI Partners makes third deal since raising fifth fund; CVC-backed PDC Brands hires new CFO.

The private equity firm also acquired packaging label maker WS Packaging Group in February.

CI Capital invests in Redwood Logistics; Dominion Energy acquires Scana: Revelstoke backs Drayer Physical Therapy.