Posted inChina, Shanghai

E-commerce giants aim to seduce luxury retailers

When JD.com announced last week it was making a nearly US$400-million investment in British luxury platform Farfetch, it put itself in the fast lane for its growth as a luxury e-tail player. But it also gained another valuable resource in its competition against China’s e-commerce leader, Alibaba, and its online shopping platform, Tmall. There’s a […]

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