" China's second largest e-commerce giant JD said it has increased its investment to become one of the biggest shareholders in Vietnam-headquartered e-commerce platform ECCO Uomo Intrinsic 3 Textile Nere Italia , Tiki.vn, as part of its overseas expansion initiatives.
JD and another existing shareholder, VNG Corporation, both participated in the latest fund-raising for Tiki ECCO Uomo Intrinsic 2 Stivali Nere Italia , while its previous investors include Japanese investors Sumitomo Corporation and CyberAgent Ventures.
This follows JD's US$44 million investment in the platform in November last year.
Tiki was founded in 2010 and started out as an online book seller, but has since diversified to include more physical goods such as toys, digital devices, lifestyle and beauty products.
""JD will push forward collaboration with VNG in terms of social network and mobile payments ECCO Uomo Cool Gtx Nere Italia , and we'll continue to share with Tiki our experience in pushing forward social commerce,"" said Winston Cheng, president of JD's international business.
“With JD’s expertise in leveraging social media for e-commerce, Tiki.vn’s partnership with VNG in social network and mobile payments is a natural fit ECCO Uomo Cs16 Low Nere Italia ,” he said in the statement.
JD will also leverage off Tiki's warehousing and delivery systems, as well as its technology and payment capabilities.
JD aims to build more solid ground for its long-term expansion in overseas markets following its launch of a local online retail business in Indonesia in 2015. The e-commerce giant has been pushing forward tie-ups with domestic and overseas partners, and deals with Farfetch and Vipshop in the past year testifies its ambition to broaden product and service offerings to catch up with leader Alibaba.
E-commerce giants are ambitious in their Southeast Asian expansion plans. Alibaba has invested heavily in payment and e-commerce ventures in Thailand, Singapore ECCO Irving Fisherman Sandali Nere Italia , Indonesia and Malaysia.
Alibaba-backed Lazada also has a strong presence in Southeast Asia, especially in Malaysia, Singapore and Indonesia, while Amazon launched its subscription member service in Singapore.
" A flag-raising ceremony is held to celebrate the 18th anniversary of Macao's return to the motherland in Macao ECCO Uomo Yucatan Sandali Wild Dove Titanium Nere Italia , south China, Dec. 20, 2017. (XinhuaCheong Kam Ka) A fireworks show is held to celebrate Macao's 18th anniversary of returning to the motherland in Macao, south China ECCO Uomo Yucatan Sandali Nere Mole Italia , Dec. 20, 2017. (XinhuaCheong Kam Ka)
MACAO, Dec. 20 (Xinhua) -- Tens of thousands of Macao people participated in a series of activities and events to celebrate Macao's 18th anniversary of returning to China and the establishment of Macao Special Administrative Region (SAR) on Wednesday.
The SAR government started a flag-raising ceremony at 8:00 a.m. local time at the Golden Lotus Square, with Macao's leading officials ECCO Uomo Yucatan Sandali Espresso Cocoa Marrone Nere Italia , discipline forces and local residents participating in the event.
Two formations of Public Security Forces of Macao took the national flag and the Macao SAR flag to the two flag poles. Then the two flags were hoisted to the national anthem in front of the audience of over 1,000 people and honor guards from Macao's police officers, firefighters and custom officers.
People's Liberation Army Macao Garrison at region also held a flag-raising ceremony in the morning.
Following the ceremonies was a reception event held at Macao Tower Convention and Entertainment Center which was decorated by ribbons of red and yellow, the colors of China's national flag. About 700 representatives from all sectors of society in Macao attended the reception to celebrate the 18th anniversary of establishment of Macao SAR.
SAR Chief Executive Chui Sai On said in his speech that the government was cautiously optimistic about Macao's economic outlook ECCO Chander Classic Fisherman Sandali Nere Italia , highlighting that the SAR has a stable economy, healthy public finances and a low unemployment rate.
He also stressed the importance of adhering to the "one country" principle while taking advantage of the benefits offered by the "two systems" model and by the integration of Macao's development with that of the country as a whole.
During the day, Macao also held a special flower show organized by the Civic and Municipal Affairs Bureau at Taipa Houses. It features more than 50,000 winter and festive blooms which will on display until Jan. 7 ECCO Ian Chukka Stivali Nere Italia , 2018.
The Macao Post and Telecommunications Bureau offered a commemorative postmarking service to the public to celebrate the 18th anniversary.
At 9:00 p.m. local time, a fantastic firework show was put up by the tourism office on the waterfront near Macao Tower. Thousands of tourists and local residents went to the beach to watch the