China's JD.com Plans Move Into Europe (reuters.com) 14
Chinese e-commerce company JD.com plans to expand in Europe and aims to have finalized its strategy for entering the market by the end of the year, its chief executive told a German newspaper. Reuters: China's second largest e-commerce business also wants to open an office in Germany by the end of 2018, the Handelsblatt daily cited Richard Liu as saying. "For me it's no longer just about selling products from Germany in China. I would also like to sell products in Europe," Liu told the paper. "We have just got to clarify the details." Further reading: JD.com is expanding its consumer base with drone delivery and local recruits who can exploit villages' tight-knit social networks to drum up business.
Wat? (Score:2)
This quote reads kinda backwards to me. Did he mean perhaps: "...it's no longer just about selling products from China to Germany. I would also like to sell products from inside Europe"? Or maybe he means sell EU-produced good alongside the Chinese ones?
Or is JD.com some sort of "imported goods" type business that actually sells European products to Chinese consumers no
Re: Wat? (Score:2)
If they were selling products from China in Germany, they would already be in the European market, wouldn't they.
Re:Wat? (Score:4, Informative)
JD.com is a Chinese Amazon, although not as big as Alibaba. They sell products from both China and the rest of the world to Chinese consumers. Germany is a huge exporter to China, so sure, plenty of German products are sold to Chinese consumers on JD.com.
GINE (Score:2)
Re: (Score:3)
Based on various American movies and TV shows, I assume everyone there "knows" that Europe == Paris :)
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