Business
JD.com Amps Up International Shipping Speed in Bid to Outpace Alibaba and Other Rivals in the Overseas Chinese Market
JD.com tempts Chinese consumers abroad with quicker delivery times, in competition with Alibaba. The online retail behemoth assures deliveries to customers in the US, Japan, and Singapore in a minimum of five days.
JD.com is initiating a five-day global delivery service for clients in the US, Japan, and Singapore. This move by the Chinese online retail behemoth is in a bid to outpace competitors such as Alibaba Group Holding, Shein, and Temu, as they vie for a larger share in the international e-commerce market.
Clients from these nations, who make purchases from brand-name stores directly operated by JD.com on their platforms, can now get their orders in a minimum of five days. Additionally, the standard delivery charges in the US have been reduced by 50% to 58 yuan (US$8.14), as stated by the Beijing-based firm on Wednesday.
JD.com primarily aims its international shopping services at Chinese residents living overseas, according to the company.
This action is taken as the globe's second biggest economy grapples with deteriorating consumer attitudes. Chinese consumers are becoming more frugal, causing local platforms – ranging from PDD Holdings' discount shopping site Temu to Alibaba's international marketplace AliExpress – to shift their attention overseas, mirroring the strategies of fast-fashion apps like Shein, which originated from China.
The South China Morning Post is owned by Alibaba.
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