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JD.com has formed a partnership with Walmart in China, covering both online and offline retails. This means that JD.com will soon increase its product offerings to include the range of products offered by Walmart.
While Walmart has a big physical store presence in China, it lacks the e-commerce know-how, expertise and most importantly, market share of JD.com in China. Unlike in the US where Walmart has a reasonably large online presence in the form of Walmart.com, it does not have a similar e-commerce platform in China. Therefore at least on the surface, the partnership seems very synergistic.
JD.com keeps getting bigger as it seeks to compete with rival Taobao. The competition for market share between the 2 will only get more interesting as the Chinese consumer market continues to develop.
Click here to view the entire article on e27.co.
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