While Alibaba’s Tmall is the reigning Chinese marketplace, JD.com is its big competitor. It was founded in 1998, but the platform did not go live until 2004. It sells a wide variety of goods including electronics, books, clothing, appliances and household items, including products from brands such as Iceland, Clarks, Walmart and Dyson. JD.com is known for its investment in technology and AI. Retail Week provides news, analysis, features and opinion about JD.com and the marketplaces sector.
Online retailer Joybuy has unveiled a Flash Deals promotion in a direct challenge to Amazon’s Prime Big Deal Days.
The auction of The Very Group is close to being scrapped after potential bidders for the brand refused to meet the owner’s £2bn asking price.
UK shoppers are spending almost £5bn on low-cost Chinese shopping platforms every year, according to new research from Barclays and Retail Economics.
Chinese retail juggernaut JD.com has seen a new record in the number of users placing orders this year.
China’s largest retailer by revenue, JD.com, has seen a “record high” of orders placed during the opening of its 618 Grand Promotion event.
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