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.
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.
Chinese retailer JD.com is considering a potential £2bn bid for The Very Group as it looks to grow its foothold in the UK.
New online retail entrant Joybuy has launched a marketing campaign to highlight its appeal to prospective customers.
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