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China's JD.com Takes On Amazon With Launch Of Joybuy In Europe [Yahoo! Finance]
Last jd.com, inc. - american depositary shares earnings: 3/2 05:03 am
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China's JD.com has launched Joybuy in Europe, set to take Amazon on diretly. (Photo by Samuel Boivin/NurPhoto via Getty Images) NurPhoto via Getty Images Chinese e-commerce giant JD.com has expanded into the U.K. and several European markets with today's launch of online retail platform Joybuy , marking a significant step in the company's international growth strategy as competition intensifies in its home market. The Beijing-based retailer, founded by billionaire Liu Qiangdong (also known as Richard Liu), is positioning the new service as a fast-delivery alternative to Amazon. The platform is launching simultaneously across six European markets: the U.K., Germany, France, the Netherlands, Belgium and Luxembourg. Through Joybuy, JD.com will sell a wide variety of goods ranging from consumer electronics and home appliances to beauty products, toys and groceries. At the centre of JD.com's European strategy is speed of delivery. The company is promoting a what it calls a ‘doub
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- Chinese retailer rivalling Amazon launches in UK [Yahoo! Finance][Yahoo! Finance]
- JD.com launches Joybuy marketplace across Europe [Yahoo! Finance][Yahoo! Finance]
- JD.com's European Push Pits Chinese Retailer Against Amazon [Yahoo! Finance][Yahoo! Finance]
- Joybuy launches in the UK, delivering great value, trusted brands and fast, same-day delivery - don't just buy, Joybuy![PR Newswire]
- Joybuy lanceert in Nederland met snelle bezorging, scherpe prijzen en vertrouwde merken[PR Newswire]
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