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China's JD.com, Korean Lotte join forces
(MENAFN) South Korean retail group Lotte, has closed a partnership deal with Chinese online retailer, JD.com Inc.
The joined business will benefit Lotte vastly as it will allow it to sell more beauty, fashion, and household goods to Chinese customers over the online site.
On the other hand, the deal will benefit JD.com by the huge help it will receive to boost overall sales, citing a growing demand for Korean goods.
The joined business will benefit Lotte vastly as it will allow it to sell more beauty, fashion, and household goods to Chinese customers over the online site.
On the other hand, the deal will benefit JD.com by the huge help it will receive to boost overall sales, citing a growing demand for Korean goods.
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