Shopify, a Canadian multinational e-commerce company, and JD.com, a Chinese e-commerce company, are collaborating on the e-commerce platform, JD Worldwide. Cooperation between two leading platforms opens the Chinese market for American merchants.
Shopify, a Canadian multinational e-commerce company, and JD.com, a Chinese e-commerce company, are collaborating to knock down existing walls, allowing merchants to list their products on JD’s cross-border e-commerce platform, JD Worldwide.
The joint work of JD Marketplace and Shopify can open access to the Chinese online market not only for large entrepreneurs but also for small ones.
While it usually takes about a year for foreign companies to start selling in China, JD will allow Shopify users to enter the Chinese market in just three to four weeks, gaining access to more than half a billion Chinese buyers.
Moreover, JD Worldwide will help with price conversion, translation of product information, and the delivery of goods, as they own more than a thousand warehouses.
“Bringing together two world-class commerce platforms — Shopify and JD.com — is a major step in solving cross-border commerce for merchants,” said Shopify vice president Aaron Brown. “The future of commerce is commerce everywhere — and that starts by removing barriers to entry to one of the most important e-commerce markets in the world.”
The platform was launched on January 18, but this is only the first step in large-scale cooperation between the two corporations.