Chinese e-commerce firm JD.com’s revenues grew at their slowest pace on record in the first quarter as China’s tech giants start to tap out their existing user bases, though its 21% expansion marginally beat forecasts.
Online search and merchandising specialist Attraqt has announced it reached a conditional agreement with a view to buying French company Early Birds, specialised in omni-channel customer experience personalisation.
JD Williams, Simply Be and Jacamo owner N Brown made a major loss in the latest year as its decision to exit its physical stores put pressure on the bottom line. But it also announced key strategy changes.
In addition to announcing a 48% surge in revenue for the year ended February, British e-tailer revealed on Wednesday that Brian Small is to join its board as an independent non-executive director with immediate effect.
France’s buoyant SMCP, the owner of the Sandro, Maje and Claudie Pierlot brands, on Tuesday announced a new partnership with China’s JD.com and will expand its online presence in the world’s key luxury growth market.
Amazon.com Inc said it will shut its China online store by July 18, as the U.S. e-commerce giant focuses on the lucrative businesses of selling overseas goods and cloud services in the world’s most populous nation.