by Yiming Yan

JD Worldwide, the international business of JD.com, launched JOYBUY, a cross-border B2B platform on June 18. The platform will link overseas merchants with high-quality Chinese factories through the company's selected supplier network.

The platform will mainly serve overseas buyers including e-commerce marketplace sellers, DTC sellers and small and medium-sized offline merchants. Businesses can be currently settled with 12 major currencies, including USD, EUR, AUD and more.

Leveraging JD's high-quality supplier network in China and cross-border e-commerce infrastructure all over the world, buyers can access JD's effective and stable cross-border supply chain services while greatly decreasing the cost of product selection, and can even meet certain customization demands.

In the past year, JD Logistics has opened new warehouses in countries including Malaysia, the US, Australia, and the Netherlands, bringing the total number of bonded and overseas warehouses to about 80, and its global supply chain network to nearly 230 countries and regions.

JOYBUY is now open to more than 110 countries and regions with a focus on Southeast Asian and North American markets. JOYBUY has also reached cooperation with Flash Express, a well-established one-stop e-commerce service provider in Southeast Asia to develop the local market.

"JOYBUY is aiming to build a reliable platform for both Chinese and overseas merchants," said Terry, Vice President of JD.com and Head of JOYBUY at JD Worldwide. "We will help small and medium-sized overseas merchants to access high-quality Chinese products via JD's logistic systems."

Official website of JOYBUY: https://www.joybuy.com/

(yanyiming1@jd.com)

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JD.com Inc. published this content on 22 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 June 2022 00:54:04 UTC.