JD.com and Shopify are teaming up to connect independent brands in the US to consumers in China. The Chinese e-commerce giant will open an ‘accelerated’ channel for brands on Shopify to list their products through its cross-border e-commerce marketplace JD Worldwide. This streamlined channel will allow Shopify brands to start selling in China faster. JD.com promises a speedy process in 3 to 4 weeks, which is much shorter than the usual 1 year period required for foreign brands to start … [Read more...] about JD.com, Shopify team up to simplify US-China e-commerce
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JD Logistics IPO in Hong Kong moves back on track
JD.com, China's number 2 e-commerce company, has filed the draft prospectus to list its logistics unit with the Hong Kong’s stock exchange. A timing for the IPO was not disclosed but according to reports the company is eyeing to raise at least US$4 billion. Late last year, the company got $4.5 billion in June via a secondary listing and listed its online healthcare unit JD Health International Inc. and raised over $3.4 billion. It expects $40 billion valuation for JD Logistics. If … [Read more...] about JD Logistics IPO in Hong Kong moves back on track
JD.com eyes US$5 billion IPO for logistics unit
Chinese e-commerce giant JD.com is eyeing to list its shipping business JD Logistics in Hong Kong as it looks to ride on China’s post-coronavirus e-commerce boom. The IPO is expected to raise around $5 billion, which would value the logistics unit at about $40 billion, Bloomberg earlier reported. If the public offering pushes through, JD.com is poised to become China’s second-most valuable delivery company after Shenzhen-listed SF Express, according to South China Morning Post. The move … [Read more...] about JD.com eyes US$5 billion IPO for logistics unit
Kuehne + Nagel partners with JD.com on a global supply chain quality control solution
Kuehne + Nagel has partnered with JD.com, who procures goods from global brands to support the growing demand from Chinese consumers for overseas products, to design a supply chain solution. This solution will provide stock keeping unit (SKU) visibility over JD.com’s in-bound supply chain before products are imported to China. The solution has been implemented within twelve months in an origin warehouse in Japan. Previously, goods were shipped directly from the brand manufacturers … [Read more...] about Kuehne + Nagel partners with JD.com on a global supply chain quality control solution
JD.com, Yamato Holdings in Chinese e-commerce partnership
China’s second largest online retailer JD.com is partnering with Japanese logistics company, Yamato Holdings for quicker, cheaper delivery of products from Japan to China as early as May, according to a report in the Nikkei Asian Review. The companies are aiming to expand the already rapidly growing demand for Japanese products among Chinese consumers and the new partnership will cut the time for Chinese consumers to receive Japanese products from eight to four days. The tie-up, the first … [Read more...] about JD.com, Yamato Holdings in Chinese e-commerce partnership
