JD.com co-leads investment in Vietnam’s B2C ecommerce platform Tiki
FILE PHOTO - A sign of China's e-commerce company JD.com is seen at CES (Consumer Electronics Show) Asia 2016 in Shanghai, China, May 12, 2016. REUTERS/Aly Song/File Photo
China’s second-biggest e-commerce firm JD.com on Tuesday announced that it has led a strategic investment in Tiki, Vietnam’s B2C e-commerce platform.
The investment will give the Chinese retailer a greater foothold in Southeast Asian market as it takes on fierce competition from rivals Alibaba Group Holding Ltd and Amazon.com.