Business
JD.com Targets Overseas Chinese Shoppers with Rapid Shipping, Igniting E-commerce Rivalry with Alibaba
JD.com entices Chinese shoppers abroad with quicker delivery, competing with Alibaba. The online retail behemoth assures deliveries to clients in the US, Japan, and Singapore in barely five days.
JD.com is initiating five-day global deliveries for consumers in the US, Japan, and Singapore. This move comes as the Chinese e-commerce behemoth vies against competitors such as Alibaba Group Holding, Shein, and Temu to secure a larger share of the international e-shopping market.
Clients from those nations, placing orders from trademark stores operated by JD.com on their platforms, can now get their items in just five days. Moreover, the standard delivery charges in the US have been cut down by 50% to 58 yuan (US$8.14), as disclosed by the Beijing-based firm on Wednesday.
The company, JD.com, stated that their international shopping facilities primarily cater to Chinese individuals residing overseas.
This action is taken as the world's second biggest economy grapples with worsening consumer attitudes. With homegrown buyers maintaining a tight spending limit, Chinese platforms – ranging from PDD Holdings' economical shopping site Temu to Alibaba's international marketplace AliExpress – have shifted their attention globally, emulating the model of the China-based quick-fashion app Shein.
Alibaba is the proprietor of the South China Morning Post.
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