Jul 9, 2018|
JD Invests in Secoo
JD.com continues to expand its presence in the fashion and luxury market with an investment in Nasdaq-listed Secoo, a major player in Asia’s online luxury market.
JD has made a big push into luxury, launching TOPLIFE, its independent luxury e-flagship platform, last fall. The company continues to add brands to the platform at a steady clip, and explore other ways to increase its traction among China’s growing luxury consumer base. JD has grown its reach into different segments of the apparel market through its own JD Fashion offer, partnerships with Vipshop, Mogu Street and Meili, and into the luxury market with the launch of TOPLIFE, and investments in Farfetch and Secoo.