JD.com Inc., the Chinese online retailer that handled more than $20 billion of purchases on its website last year, rose in its New York trading debut after a larger-than-expected initial public offering.
JD.com gained 10 percent to $20.90, after raising $1.78 billion by selling the shares for $19. The offering is the biggest ever of a Chinese Internet company in New York, data compiled by Bloomberg show.
