JD.com’s decision to withdraw from Indonesia and Thailand reflects slowing e-commerce growth in these markets. Photo: Shutterstock
JD.com’s decision to withdraw from Indonesia and Thailand reflects slowing e-commerce growth in these markets. Photo: Shutterstock
JD.com

Chinese e-commerce giant JD.com eyes retreat from joint ventures in Indonesia and Thailand to sharpen focus on home market

  • The company has been looking for an investor to take over its interest in JD.ID, its Indonesian joint venture with Provident Capital
  • It has also been working to exit from JD Central, the Thai joint venture with Bangkok-based Central Group

JD.com’s decision to withdraw from Indonesia and Thailand reflects slowing e-commerce growth in these markets. Photo: Shutterstock
JD.com’s decision to withdraw from Indonesia and Thailand reflects slowing e-commerce growth in these markets. Photo: Shutterstock
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