Chinese e-commerce giant JD.com has set up a business entity in Korea to directly purchase Korean consumer goods for sale in China, the Ministry of Trade, Industry and Resources said on Wednesday.
BRUSSELS, July 22 (Reuters) – Chinese e-commerce giant JD.com was hit with formal notice of regulatory concerns over its $2.5 billion bid for German electronics retailer Ceconomy on Wednesday in a move that could require hefty concessions.
