Back    Zoom +    Zoom -
Taobao Tmall Said to Tap into JD LOGISTICS (02618.HK); JD-SW (09618.HK) to Link with Cainiao
Recommend
38
Positive
77
Negative
22
The e-commerce and logistics platforms of BABA-W (09988.HK) and JD-SW (09618.HK) will be further integrated, according to information cited by Chinese media. Taobao Tmall is predicted to access JD Logistics as early as mid-October, while JD will also access Cainiao's logistics services.

JD may also accept Alipay payments, which could be launched as soon as before "Double 11", report added. Taobao officially announced that users can use TENCENT (00700.HK)'s WeChat Pay when shopping on Taobao starting today (27th).

Related NewsM Stanley: Southbound Funds Hold 2.7% Stake in Alibaba at End-Sep; Southbound Ownership to Rise to 8-17% in 1st Yr

AAStocks Financial News