CHINA > US based Walmart and China based JD.com are set to invest $500 million in Chinese online grocery delivery company Dada-JD Daojia

Walmart logo US based Walmart and China based JD.com are set to invest $500 million in Chinese online grocery delivery company Dada-JD Daojia, the company formed through the merger between JD Daojia and Dada Nexus. JD Daojia is JD.com’s online to offline business while Dada Nexus is a large crowd sourcing delivery platform in China which has operations in more than 400 More …

VIETNAM > China’s largest retailer – JD.com has invested in Tiki – Vietnam’s leading B2C e-commerce platform

jd logo China based JD.com has signed the share subscription agreement as a co-lead investor in Series C financing in Vietnam based Tiki. The Series C round is subject to customary closing conditions and upon the completion of which, JD.com will be one of the largest shareholders of Tiki. Partnering with Tiki in merchandising, cross- border trade, logistics and fulfillment, technology, financing More …