Skip to main content

Share story

Products

JD.com launches Joybuy in six European countries to challenge Amazon

JD.com launched Joybuy, its international e-commerce platform, in six European countries to challenge Amazon's dominance in the region. The launch covers Germany, France, Italy, Spain, the Netherlands, and Poland. Jobuy offers direct-from-manufacturer pricing on electronics, home goods, and fashion, undercutting Amazon's prices by leveraging JD's supply chain relationships with Chinese manufacturers. The European expansion represents China's largest e-commerce push into Western markets since Temu's rapid growth and signals intensifying competition in global online retail.
Sources
In this story
Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
AI Capital
AI Capital

Snorkel AI raises $350 million at $3.5 billion valuation

Snorkel AI raised $350 million in fresh funding at a $3.5 billion valuation, CEO Alex Ratner told Reuters. The company sells a data-development platform that combines people and AI agents to create and vet data used in AI systems....

Capital AI
Capital AI

Spott raises €18.3 million to expand recruitment software

Leuven-based Spott has raised €18.3 million ($21 million) in a Series A led by Balderton Capital, with Base10 Partners, Y Combinator and Fortino participating. The recruitment-software company plans to use the funding for expansio...

Security Infrastructure
Security Infrastructure

Public research shows SharePoint flaw permits authenticated code execution

A SharePoint Server vulnerability Microsoft initially rated as a moderate spoofing issue can let an authenticated attacker execute code, according to technical details and working exploit markup published by Viettel Cyber Security...

Capital Infrastructure
Capital Infrastructure

Morphotonics raises €40 million for optics manufacturing and data-center push

Dutch manufacturing startup Morphotonics has raised €40 million in an extended round backed by investors including 3M Ventures, Innovation Industries, Invest-NL and the European Investment Bank. The company makes machines that sta...