China’s e-commerce giant looks to enter U.S.
Watch out Amazon—a global online powerhouse is looking to move onto your home turf.
JD.com is preparing its U.S. debut, with a beachhead in Los Angeles, according to Bloomberg.
The $68 billion company has said previously it wanted to start online sales in Europe and the U.S. by the second half of 2018.
JD.com, which is eyeing Los Angeles coast because of its large Chinese population, may lean on shareholder Walmart for initial logistics support, the report said.
To read more, click here.
JD.com is preparing its U.S. debut, with a beachhead in Los Angeles, according to Bloomberg.
The $68 billion company has said previously it wanted to start online sales in Europe and the U.S. by the second half of 2018.
JD.com, which is eyeing Los Angeles coast because of its large Chinese population, may lean on shareholder Walmart for initial logistics support, the report said.
To read more, click here.