China’s JD.com leads $19M investment in Southeast Asian online fashion brand Pomelo
This year has seen unprecedented interest in Southeast Asia’s startups from Chinese tech firms, and today we can add another deal to the pile. JD.com, the close rival to Alibaba, has led a $19 million investment in Bangkok-headquartered online fashion brand Pomelo.
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JD.com
FOUNDED2004
OVERVIEWJD.com is the the largest online direct sales company in China in terms of transaction volume with a market share in China of 54.3% in the second quarter of 2014, according to iResearch, a third-party market research firm. JD.com believes they provide consumers an enjoyable online retail experience. Through their content-rich and user-friendly website www.JD.com and mobile applications, JD.com …
LOCATIONBeijing, 22
CATEGORIESE-Commerce, Consumer Electronics, Retail, Wholesale
FOUNDERSQiangdong Liu
WEBSITEhttp://en.jd.com
Full profile for JD.com
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