Alibaba and Jingdong outside the independent electricity supplier and a less.
June 20th morning, just completed the 618 anniversary of the Jingdong announced a series of strategic cooperation with WAL-MART announced the news. "Jingdong acquired 1 shop" rumors began to spread from last week, and now it has finally settled, but the amount and form, are not the same as people had speculated.
Jingdong will get 1 mall’s main assets, including the number 1 store brands, websites and App are owned by Jingdong, WAL-MART will continue to operate the self-employed business of the store No. 1, incorporated into the mall No. 1. 1 years ago, WAL-MART has just bought from the founder of the team in the hands of shop No. 1, the number of shares in the shop No. 1.
Jingdong and WAL-MART did not disclose the specific amount of the transaction, as part of the cooperation agreement, WAL-MART will acquire 5% stake in Jingdong.
After the announcement of the
, Jingdong shares rose once reached 8.4%
also wrote in Jingdong’s internal mail, the two sides will use WAL-MART’s strong global procurement and supply chain system, relying on Jingdong’s national warehousing and logistics network, to provide consumers with products at home and abroad. Next, WAL-MART’s Sam member store will open the official flagship store on the Jingdong platform.
WAL-MART supermarket will be connected to Jingdong’s 2 hours supermarket delivery service Jingdong home". In the last year, Jingdong launched shortly after the home, a part of WAL-MART stores have online Jingdong in home platform, but the cooperation is not stable, a few months later, the Jingdong home platform, WAL-MART stores disappeared again.
Jingdong internal mail
either in China or in the United States, WAL-MART’s attempt at the electricity supplier is not successful. Acquisition 1 shop has been seen as the last step in the electricity supplier WAL-MART business in china.
in the past year, Tmall supermarket supermarket and Jingdong use their subsidies to promote the market share, try to shop No. 1 after transformation of comprehensive business platform is not successful, after WAL-MART wholly owned, shop No. 1 market share has been in decline. Today, the 1 store in a strategic way to cooperate with Jingdong, the domestic independent of Ali and Jingdong outside of the electronic business platform and a less.
last August, Ali became the second largest shareholder of Suning’s price of $28 billion 300 million. Earlier, when Tencent shares Jingdong, Jingdong will pat Network and easy fast received, but the two have been closed later.
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electricity market Chinese like Alibaba and Jingdong both the competition, at least in the integrated business platform, but has been difficult to find opportunities.