JD.com notches up 6.18 shopping festival record

JD.com reports that transaction volume reached a record high of $24.7 billion during its 18-day June anniversary sales event (aka 6.18). Further details here.

The milestone closely follows an announcement by Google that it is to invest $550 million in the Chinese e-commerce giant, as part of a strategic partnership geared towards creating “helpful, personalised and frictionless shopping experiences”. 

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