Strong competition: What went wrong for China’s JD in Thailand, Indonesia
Inside Retail
FEBRUARY 9, 2023
It said in November that “new businesses” – including its overseas businesses as well as other ventures such as JD property – accounted for just two per cent of its total revenue during the third quarter. In such a scenario, the retailer has decided to work on its supply chain and serve its consumers in its home market, China, better.
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