Chinese e-commerce platform JD.com to directly import Korean products

JD.com, a major Chinese e-commerce platform, has established a business entity in Korea to directly import Korean products for sale in China. This move is significant as it allows JD.com to bypass intermediaries and negotiate prices directly with Korean suppliers, potentially increasing trade between the two countries. The development could also boost Korean exports to China, one of its largest markets, and create new business opportunities for Korean companies.

Read the source report: The Korea Times