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Retail Asia22/10/2018

Chinese e-commerce company JD is opening its logistics network up to consumers to send parcels around the country, marking the first entry by an e-commerce company into the parcel delivery business. The new JD parcel delivery service announced enables users of the company’s app in Beijing, Shanghai and Guangzhou to send items intra-city and throughout […]

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18/10/2018

JD.com, China’s largest retailer, the World Wide Fund for Nature (WWF) and The China Children and Teenagers’ Fund (CCTF) are partnering to launch a second annual Green Planet-Sustainable Week, raising awareness about sustainable consumption in the world’s most populous nation. The seven-day program, which kicked off this week, will reinforce JD’s commitment to help the retail industry develop […]

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Retail Asia29/08/2018

Corporate restaurateur Tao Heung is reporting improved sales in both its core Hong Kong market and on the mainland as people dine out more often and the average tab increases. Tao Heung operates 60 restaurants under its own brand, two RingerHut eateries focused on non-Chinese cuisine, and 18 Tai Cheong Bakery stores. In the half-year […]

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Retail Asia21/08/2018

Chinese e-commerce company JD boosted second-quarter revenue by 31.2 per cent, but losses ballooned nine-fold. JD quarterly sales reached RMB122.3 billion (US$218.5 billion) for the three months to June 30, with net service revenues of RMB11.8 billion (US$1.8 billion), up 51 per cent year on year. On a rolling 12 month basis, annual active customer […]

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Retail Asia20/08/2018

Christian Louboutin’s signature red-soles have tiptoed their way onto Toplife. Joining numerous international leading luxurious brands such as Fendi, Saint Laurent, Alexander McQueen or Oscar de La Renta, Christian Louboutin has partnered up with JD’s luxury e-flagship platform Toplife earlier this July to make its debuts on the Chinese e-commerce platform scene. Its online pop-up store features the full offering […]

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Retail Asia19/07/2018

E-commerce has changed the face of retail. A drone can handle delivery, and payments and orders are all done with a smartphone. These changes are now coming to South East Asia, said an executive of a prominent Chinese retailer. Gloria Li, Corporate Vice President of JD.com, which is described as the largest retailer in the […]

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Retail Asia06/07/2018

JD.com, the second largest e-commerce player in China, could be returning to Russia soon according to a recent Kommersant report. JD previously entered the Russian market in 2015, but retreated a year later after struggling with cross-border logistics issues, merchant partnerships, and high marketing expenses. JD’s previous effort featured partnerships with payment providers Qiwi and Yandex’s Yandex Money, logistics provider SPSR-Express, and […]

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Retail Asia22/06/2018

A proxy war is a strategy that refers to a conflict instigated by opposing powers who do not fight against each other directly. By using third parties to do the fighting, it is still possible to bring strategic benefits while minimizing the risks. Google has announced that it will invest US$550 million in JD.com for […]

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Retail Asia22/06/2018

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 identify the most efficient way to source orders on JD.com, whether from JD’s own warehouses, […]

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Retail Asia14/06/2018

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 are not only about making that happen throughout China, but internationally as […]

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Retail Asia11/06/2018

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 categories, including clothing, household items, home furnishing and even food. “We are […]

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Retail Asia28/05/2018

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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 concept to that unveiled by Amazon in the US in April. The JD In-Car Delivery Service […]

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Retail Asia24/05/2018

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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 Centricity in a Data-Driven World. Industry leaders including Alibaba […]

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Retail Asia24/05/2018

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 before expanding to other sectors, Go-Jek said in a statement. “People in Vietnam, Thailand, Singapore and the […]

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Retail Asia09/03/2018

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 fresh division president Wang Xiaosong, who is also CEO of 7Fresh, says the supermarket brand is in a […]

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Retail Asia05/03/2018

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 include Bluzelle, a blockchain startup based in Singapore providing database services, Bankorus, a leading Chinese robo-advisory provider, CanYa, an Australian […]

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Retail Asia05/03/2018

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 Beijing, Shanghai, Shenzhen and Chengdu within 30 minutes. Early this year JD.com launched 7Fresh, its offline fresh-food […]

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Retail Asia05/03/2018

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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 customer data and technologies such as artificial intelligence are leveraged to create […]

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Retail Asia27/02/2018

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 for a 5 per cent stake, according to a Better Life filing with the Shenzhen stock […]

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Retail Asia09/02/2018

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 group whose core businesses are engaged in trading, logistics, distribution and traditional and digital retailing. The agreement between the […]

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