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JD.com and Fung Retailing form Artificial Intelligence partnership

Fung Retailing Limited, with a network of over 3,000 stores, and JD.com, China's largest retailer, has announced a partnership to develop AI-driven retail solutions. According to the agreement signed, the two companies will cooperate in using AI to transform the...

Deep Dive: Luxury e-commerce portals LVMH, Alibaba and JD.com take on Net-A-Porter and Farfetch

The already intense competition in the space is increasing, and the market is becoming crowded with luxury goods e-commerce sites. There is increasing product and brand overlap in the different online distribution channels, and competition from luxury brands’ own...

Saint Laurent teams up with Farfetch to launch online sales in China

The Kering-owned French luxury and fashion brand Saint Laurent is stepping up its e-commerce efforts in China to sell products on a new online platform launched jointly by British luxury e-tailer Farfetch with e-commerce giant JD.com. Collections from Kering-owned luxury...

JD.com, Farfetch partner to open ultimate gateway for bringing luxury brands to China

E-commerce giant JD.com, China’s largest retailer and Farfetch, the leading global e-commerce platform for the fashion industry, has announced a strategic partnership that will create the premier platform for luxury e-commerce across China, opening a gateway to an US...

Walmart to invest US$ 50 million in Chinese online grocery and delivery firm New Dada

Walmart has announced a US$ 50 million strategic investment in New Dada, China’s largest local on-demand logistics and grocery O2O e-commerce platform. The investment is an extension of Walmart’s broader agreement with JD.com and cooperation with New Dada, which...

Walmart raises stake in China's JD.com to 10.8 pc

Walmart has nearly doubled its stake in Chinese online retailer JD.com, according to a financial document disclosed on Wednesday. In a form filed with the Securities and Exchange Commission, the Bentonville, Ark.-based company said it owns 265 million shares, or...

Tiger Global Management cuts stake in Amazon by 2/3rd

Tiger Global, the largest investor in e-commerce major Flipkart, has cut its stake in in US-based e-tailer Amazon by 67 per cent in the quarter ending March 2016. Amazon was the hedge fund's second largest investment. As per regulatory filings,...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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