JD.com failed to grow in the countries in the face of tough competition in Southeast Asia. Challenging growth conditions JD.com did not provide reasons for its exiting of Indonesia and Thailand. JD.ID was launched in 2015 with Provident Capital, while its Thailand platform was launched in 2017 with Central Group. JD offered both direct sales and marketplace models in the countries. It also ...

The festival’s sales growth this year was estimated to be lower than previous years. Alibaba reported its gross merchandise value (GMV) was same as last year’s, While JD.com only mentioned that its GMV hit a record. However, sales from up-and-coming products and specific customers showed strong growth. Stable sales performance Despite the on-going effects of COVID in China, the key play...

On 31 October 2022, CR NG Fung, one of Hong Kong’s biggest food distributors and producers, formed a strategic alliance with JD.com. The alliance will lead to CR NG Fung opening its first online flagship store on JD.com’s platform to promote its food grocery products. Expanding sales networks Having opened its official online store on JD.com’s platform, CR NG Fung can easily promote its p...