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…
Alibaba holds a controlling stake in smart logistics company Cainiao, a relationship that has drawn much scrutiny from the SEC, so it has been moving toward this concept of a vast smart logistics network for a while now. Its efforts to ramp up faster delivery…
Muji will launch an online flagship store on JD.com, and promote the partnership with posters in 231 of its stores throughout China, it announced. This will make it easier for online Chinese consumers to find and purchase Muji’s full range of Japanese product…
JD is launching a service in China where online shoppers can have their purchases delivered to anywhere they can park their cars. The Chinese e-commerce giant has launched an ‘in-car delivery service’ in partnership with electric vehicle maker NIO, a similar…
Next month’s Consumer Goods Forum to be held at the Marina Bay Sands will feature a ‘who’s who’ of international retail leaders. This year marks the first time in a decade the event is being held in Asia. Running from June 12-15, it is themed Consumer…
Indonesian ride-hailing and online payment firm Go-Jek on Thursday said it would enter Vietnam, Thailand, Singapore and the Philippines in the next few months, investing $500 million in its international push. The move will start with ride-hailing services…
Chinese e-commerce giant JD.com has opened its second 7Fresh supermarket, at the China Resources Dreamport shopping centre in northern Beijing. This follows the launch late last year of the initial 4000sqm outlet near JD.com’s headquarters in Beijing. JD.com…
JD.com, one of China’s largest e-commerce companies, has launched a new accelerator program called AI Catapult that focuses on blockchain and artificial intelligence startups. Based in Beijing, AI Catapult will start with an inaugural roster of companies that…
JD.com has signed a deal with Japanese convenience-store chain FamilyMart. This will enable users to order goods through JD.com’s 24-hour O2O service Jing Dong Dao Jia (“Door-to-Door JD”) and have them delivered from FamilyMart’s 212 core locations in…
Aeon and Yahoo Japan have not had tremendous success with their own e-commerce ventures, according to the report. Softbank’s IT prowess is seen as key to enabling Aeon to make the most of its brick-and-mortar assets in a retail sector quickly evolving as…
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…
JD.com is both the largest e-commerce company in China, and the largest Chinese retailer, by revenue. The retailing businesses of the Fung Group are brought together under privately-held Fung Retailing Limited and it is a Hong Kong-headquartered multinational…
The company with the biggest grip on Thailand’s brick-and-mortar retail market is expecting a partnership with China’s JD.com Inc. to pursue online growth. Central Group, which controls Thailand’s biggest operator of shopping malls and department stores,…
Three Chinese e-commerce giants led by Tencent are buying into shopping centres as part of an alliance that will help fund property magnate Wang Jianlin’s HK$30 billion (US$3.8 billion) plan to take his Dalian Wanda Group private. Jianlin describes it as the…
JD.com announced yesterday that it has opened a Paris office. The move follows an agreement with France’s official trade promotion agency, Business France, to sell €2 billion (US$2.4 billion) in French products to Chinese consumers over the next two years.…
Clashing head-on with manufacturers who sell through its platform, China’s JD.com has introduced its own brand, Jing Zao. Its initial 38 products range from towels to suitcases in similar style to Japan’s Muji or US luggage maker Samsonite, but at a lower…