" 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 Frans Nielsen Jersey , 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, 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 Mike Green Jersey , 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, and we'll continue to share with Tiki our experience in pushing forward social commerce,"" said Winston Cheng Gordie Howe Jersey , 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,” 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 Detroit Red Wings Jersey , Singapore, 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.
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By Liu Zhihua in Macao
BEIJING Jonathan Ericsson Red Wings Jersey , Nov. 26 (Xinhuanet) -- Although retired from sports, David Beckham still commands huge attention.
Hours before he showed up in a conference room at luxury hotel and casino resort Venetian Macao last week, journalists from about 500 media houses had already waited in long lines to get a close-up position to the celebrity.
When he appeared, there was no sound except clicking from countless photoflashes.
But this time, Beckham presents himself as businessman Darren Helm Red Wings Jersey , rather than an entertainment celebrity, as he announced a long-term partnership between his company Beckham Ventures and global resort developer Las Vegas Sands, which owns Venetian Macao.
He has retired as a pro athlete and will focus on business and charity. Beckham emphasizes: "I'm extremely excited.
"My business started a few years ago, but my focus was on playing (soccer) at that time. Now I'm becoming more of a businessman."
He also said leadership, teamwork and hard work are important in sports Martin Frk Red Wings Jersey , and it's the same with business.
The partnership between one of Asia's most dynamic businesses and the global star, organizers say, will be based on the development of dining, retail and leisure concepts at Sands China properties in Macao and Marina Bay Sands in Singapore.
Of the partnership, Beckham comments Luke Glendening Red Wings Jersey , "The Sands team has created amazing resorts in Singapore and Macao. The scale, vision and caliber in all that they do are impressive. I am very excited to be working with them to develop a range of new business ideas in a part of the world that I love spending time in - that is full of optimism and growth."
The excitement on the partnership is obviously mutual.
Michael Leven, president and chief operating officer of Las Vegas Sands Corp, says he believes a partnership with Beckham will help the company develop its global brand icon, and will provide Beckham with the same benefit.
"We have billions of dollars invested in our own global Henrik Zetterberg Red Wings Jersey , iconic brands and we clearly understand the importance of growing and sustaining those brands over time," Leven says.
"We are very excited about the partnership and we fully expect it to grow in the years to come, especially as we aggressively explore opportunities to further expand our presence in Asia."
Beckham, of course, still has star power as an entertainment celebrity Anthony Mantha Red Wings Jersey , and at the end of the press conference, Beckham made his handprints and signature for posterity for the resort's Bridge of Stars Gallery.
(Source: China Daily)
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RIO DE JANEIRO, Aug. 20 (Xinhua) -- Following are the results of boxing women's fly (48-51kg) at the Rio Olympic Games here on Saturday:
1. Nicola Adams, Britain
2. Sarah Ourahmoune, France
3. Ren Cancan, China
3. Ingrit Lorena Valencia Victoria, Colombia
5. Tetyana Kob, Ukraine
5. Zhaina Shekerbekova, Kazakhstan
5. Mandy Bujold, Canada
5. Peamwilai Laopeam, Thailand
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