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JD has developed a partnership with Chinese retailer Better Life as part of its Retail as a Service strategy. The cooperation will further speed up delivery for mainland customers and integrates inventory across the two retailers by using technology to…
Tencent Holdings and JD.com are buying minority stakes in Chinese retailer Better Life Commercial Chain Share. A Tencent subsidiary is paying RMB886.9 million (US$140 million) for a 6 per cent shareholding, while a JD.com subsidiary is paying RMB739.1 million…
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