tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

JD.com pulls plug on Thailand, Indonesian platforms, SCMP reports

JD.com is pulling the plug on its Thailand and Indonesian platforms following a major setback for the company’s overseas expansion efforts, Ben Jiang of South China Morning Post reports. JD Central in Thailand will cease operations on March 3 while JD.ID in Indonesia will stop on March 31. JD.com plans to move from running its own regional e-commerce platforms to building a cross-border supply chain network with logistics and warehousing to serve regional global customers. Reference Link

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly

See the top stocks recommended by analysts >>

Read More on JD:

Disclaimer & DisclosureReport an Issue

1