Chinese online retail giant JD.com is launching its UK site Joybuy, in a move to take on major rivals like Amazon by offering next-day deliveries to British shoppers.
The new Joybuy platform will offer a wide selection of products, including technology, home appliances, groceries, beauty, and everyday essentials. JD.com is simultaneously launching in six new European markets, which include Germany, the Netherlands, France, Belgium and Luxembourg.
JD.com, valued at £30 billion, has opted to build its own UK presence rather than acquire an established brand. The business struck a 2.2 billion euro (£1.9 billion) deal to snap up Germany-based electronics retail group Ceconomy last year.
Full story Chinese retail giant to launch in UK and rival Amazon | Times and Star
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