JD launches Joybuy platform in 110 countries
It seeks to link Southeast Asian and North American merchants with Chinese factories.
JD.com’s international business has launched Joybuy, a cross-border business-to-business platform, seeking to link overseas merchants with Chinese factories through the company’s supplier network, the e-commerce giant said in a press release.
JD Worldwide’s platform will mainly serve overseas buyers including e-commerce sellers, direct-to-consumer sellers and small and medium-sized offline merchants, the company said. Transactions can be currently settled with 12 major currencies, including USD, EUR, and AUD.
READ MORE: JD618 Grand Promotion sees RMB379b transaction volume: JD
Joybuy is now open to more than 110 countries and regions with a focus on Southeast Asian (SEA) and North American markets. In SEA, Joybuy has reached cooperation with Flash Express, an e-commerce service provider to develop the local market.
Joybuy also has built up a partnership with Ginee, a SEA one-stop solution service provider for an online business to better serve local buyers, JD said.