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China’s JD.com pilots retail e-commerce platform Joybuy in London as it takes on Amazon in UK’s $163 billion e-commerce market
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TechNode
Chinese e-commerce giant JD.com has started quietly piloting its self-operated retail ecommerce platform Joybuy in the UK, marking its push into the European market.
The move signals JD’s ambitions to capture a slice of the UK’s £127 billion ($163 billion) retail e-commerce market in 2024 – the third-largest globally.
Since mid-2024, the company has been recruiting for roles in the region in bulk and B2B trade, e-commerce distribution, customer services, and platform operations.
Context:JD.com first launched Joybuy in 2015 as a cross-border B2C e-commerce platform, originally positioned as a rival to Alibaba’s AliExpress.
On November 24, the platform announced it would cease B2C operations in December and transition into a cross-border B2B service.
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