
JD.com Is Trying To Mirror Amazon's Global Playbook With Joybuy Launch, CECONOMY Deal In Europe

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JD.com is expanding internationally, mirroring Amazon's strategy by focusing on local operations and supply chain capabilities. CEO Sandy Xu announced the upcoming launch of Joybuy in Europe and highlighted the potential acquisition of Ceconomy AG to strengthen JD's position in the electronics market. Despite a 22.4% revenue increase in Q2, JD's shares fell 2.86% amid fierce competition in China. The company aims to differentiate itself with a supply-chain-centric model, contrasting with competitors' platform-focused approaches.
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