China's JD.com deepens SE Asia footprint, co-leads funding round in Vietnam’s Tiki

REUTERS/Aly Song

China’s second-largest e-commerce firm JD.com on Tuesday announced that it has led a strategic investment in Tiki, Vietnam’s B2C e-commerce platform.

The investment will give the Chinese retailer a greater foothold in the Southeast Asian market as it takes on fierce competition from rivals Alibaba Group Holding Ltd and Amazon.com.

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