“JD is holding its own in China and announced that it is expanding its tie-up with Walmart and other outside retailers there and renewing its partnership with Chinese tech giant Tencent. During the first quarter, JD also expanded its fulfillment capacity: As of March 31, the company operated more than 550 warehouses, ‘covering an aggregate gross floor area of over 12 million square meters in China,’ the company said.”
P.S. E-commerce is big business in China and around the world. Learn how you can optimize online sales when you take 8th & Walton’s E-Commerce courses. Sign up today!