The titan of ecommerce in China will become, together with VNG, which has also attended the round of financing of Tiki, one of the main shareholders of the Vietnamese company. The amount of the capital increase has not transcended. JD.com has become after the operation one of the main shareholders of Tiki

JD.com grows in Southeast Asia with participation. The titan of ecommerce in China has entered the capital of the Vietnamese e-commerce platform Tiki through a round of financing whose amount has not transcended. In this way, JD.com becomes one of the main shareholders of Tiki, together with VNG, which has also attended the capital increase.

 A number of local media said last November that the amount of this capital increase reached one billion dong (35, 82 million euros), although the figure has not been confirmed by JD.com.

JD.com, which entered Indonesia two years ago, will make use of Tiki’s storage and delivery system, as well as the technology and payment options it uses. The Vietnamese group also has Seldom, Sumitomo and Cyber Agent Ventures among its partners. 

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Vietnam has become one of the strategic markets of JD.com in Southeast Asia, a region that has also gained attractiveness for its competitors. Last summer, Alibaba increased its participation in the Lazada ecommerce platform, located in Singapore, going from controlling more than 50% to 83%.

JD.com, which entered Indonesia two years ago, will use Tiki’s storage and delivery system, as well as the technology and payment options it uses. The Vietnamese group also has Seedcom, Sumitomo and Cyber Agent Ventures among its partners. 

Also in 2017, Amazon broke into Singapore with its Prime Now service. “Southeast Asia is a flourishing market for us, with more than 600 million consumers, growing wealth and digitalization