Chinese Online Retailer JD.com’s Plan to Diversify - News Summed Up

Chinese Online Retailer JD.com’s Plan to Diversify


Going upscaleMS. YUAN: Where is the Chinese e-commerce market headed and how much success do you predict you will have? MR. LIU: From acquisition and procurement to warehousing to logistics, everything is now being placed under the control of smart technology. The first is to transplant our [Chinese business model] to developing markets such as Indonesia. RICHARD LIU | ‘We’re going to introduce marquee Chinese brands into the U.S.’ Photo: Manuel Wong/Dow JonesThe other channel is the European and the U.S. market. We believe it’s only a matter of time before many Chinese brands such as Huawei Technologies and others become world-renowned.


Source: Wall Street Journal June 13, 2017 17:22 UTC



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