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e-commerce

China's JD.com to Shut E-Commerce Sites in Indonesia, Thailand

e-commerce
JD.com

KONTAN.CO.ID - JAKARTA/BEIJING. China's JD.com is to close its e-commerce services in Indonesia and Thailand, retreating from Southeast Asia after a bruising year for China's retail and technology sectors.

JD.com will end its services in Thailand from March 3 and in Indonesia from the end of the same month, its local websites showed. Both units will stop taking orders on Feb. 15.

A spokesperson for JD.com said in a statement on Monday that the company will continue to serve global markets, including Southeast Asia, through its supply chain infrastructure.

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