Market Chatter: Alibaba, JD.com to Collaborate on Logistics, Payment

MT Newswires Live

Oct 02, 2024

Alibaba (HKG:9988)-owned e-commerce sites Taobao and Tmall will collaborate with JD.com (HKG:9618) in logistics and payment channels, The Standard reported Sept. 27.

Tmall and Taobao will utilize JD.com's logistics beginning in the middle of October. After that, sellers on the Alibaba platforms will be able to select JD.com as a logistics option, according to the report.

JD.com will also be able to use Alibaba's Cainiao Global Express and Cainiao Stations as logistics partners. It will also be allowed to use Alipay as a payment option effective during the Double 11 sale, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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After that, sellers on the Alibaba platforms will be able to select JD.com as a logistics option, according to the report.</p><p>JD.com will also be able to use Alibaba's Cainiao Global Express and Cainiao Stations as logistics partners. It will also be allowed to use Alipay as a payment option effective during the Double 11 sale, the report said.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1282649810.SGD","symbol_name":"Allianz Asian Multi Income Plus Cl AMg DIS H2-SGD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2472566248","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2472566248","pubTimestamp":1727838569,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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After that, sellers on the Alibaba platforms will be able to select JD.com as a logistics option, according to the report.JD.com will also be able to use Alibaba's Cainiao Global Express and Cainiao Stations as logistics partners. It will also be allowed to use Alipay as a payment option effective during the Double 11 sale, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}