JD, Shopify to help US merchants sell in China

2 years ago 376
Visitors locomotion past a booth for Chinese online retailer JD.com astatine the China International Fair for Trade successful Services (CIFTIS) successful Beijing, Friday, Sept. 3, 2021. JD.com Inc., Chinas biggest online retailer, and Canadian e-commerce work Shopify launched a task Tuesday, Jan. 18, 2022, to springiness autarkic U.S. merchants entree to JD.coms 550 cardinal customers. (AP Photo/Mark Schiefelbein) (Mark Schiefelbein, Copyright 2021 The Associated Press. All rights reserved)

BEIJING – JD.com Inc., China’s biggest online retailer, and Canadian e-commerce work Shopify announced a strategical practice Tuesday to springiness autarkic U.S. merchants entree to JD.com’s 550 cardinal customers.

The companies said the tie-up would let U.S. brands to commencement selling successful China successful 3 to 4 weeks compared with up to a twelvemonth typically required to motorboat cross-border sales.

The work volition instrumentality vantage of JD’s web of 1,300 warehouse and 200,000 transportation unit successful China, the companies said. They said it volition supply translation and different support.

JD.com reported income roseate 33% implicit a twelvemonth earlier to 218.7 cardinal yuan ($34.4 billion) successful its latest quarter.

Copyright 2022 The Associated Press. All rights reserved. This worldly whitethorn not beryllium published, broadcast, rewritten oregon redistributed without permission.


Read Entire Article