THE RETAIL BULLETIN - The home of retail news
HOME
Department Stores
Electricals
Entertainment
Fashion
Food & Drink
General Merchandise
Health & Beauty
Home & DIY
Interviews
Newsletter
Property
Shopping Centres & Retail Parks
Sports & Leisure
RETAIL INSIGHTS
RETAIL SOLUTIONS
Online Conversion Summit 2020
Future of Retail Marketing 2020
The HR Summit 2020
The Future Of AI in Retail Conference 2020
ABOUT
CONTACT
SUBSCRIBE FOR FREE
JD.com invests in Vietnamese B2C ecommerce platform Tiki

Chinese online retail giant JD.com has gained another foothold in Southeast Asia by investing in Tiki, Vietnam’s B2C ecommerce platform. JD has signed a share subscription… View Article

GENERAL MERCHANDISE

JD.com invests in Vietnamese B2C ecommerce platform Tiki

Chinese online retail giant JD.com has gained another foothold in Southeast Asia by investing in Tiki, Vietnam’s B2C ecommerce platform.

JD has signed a share subscription agreement as co-lead investor in Tiki’s recent Series C round of financing.

The company will partner with Tiki in areas such as merchandising, cross-border trade, logistics and fulfilment, technology, financing, and operations.

The company already has an established ecommerce platform in Indonesia and recently partnered with Thai conglomerate Central Group to enter Thailand.

Winston Cheng, president of international at JD.com, said: “With JD’s expertise in leveraging social media for e-commerce, Tiki’s partnership with VNG in social network and mobile payments is a natural fit as we aim to provide differentiated services to suppliers and consumers in Vietnam. We look forward to working with Tiki to deliver a truly world class ecommerce experience to Vietnamese consumers.”

JD launched its Indonesia business in 2015 and formed its joint venture with Central Group in Thailand in 2017.

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

Online Conversion Summit 2020
Online Conversion Summit 2020
April 30 2020
The Hallam Conference Centre, 44 Hallam St, Marylebone, London W1W 6JJ
The Retail Bulletin Online Conversion Summit 2020 Partnered by IMRG
Future of Retail Marketing 2020
Future of Retail Marketing 2020
9 June 2020
Hallam Conference Centre, 44 Hallam St, London W1W 6JJ
The Future of Retail Marketing for Customer Engagement
The HR Summit 2020
The HR Summit 2020
1 October 2020
Hallam Conference Centre, London W1W 6JJ
Company values, collaboration with employees and driving a major HR transformation to create a truly omnichannel experience, need to be at the heart of the organisation's culture and brand
The Future Of AI in Retail Conference 2020
The Future Of AI in Retail Conference 2020
14 October 2020
Hallam Conference Center, 44 Hallam Street, London W1W 6JJ
CONFERENCE AIMED AT RETAILERS WORKING IN MARKETING, IT, DIGITAL, DATA AND TECHNOLOGY