Could Japan Be Alibaba’s Answer to JD.com?
Alibaba (BABA) plans to increase the amount and variety of Japanese products available to Chinese consumers through its online and physical stores as it works to drive sales and differentiate itself from the competition. JD.com (JD), which is backed by Walmart (WMT) and Tencent (TCEHY), is leaving nothing to chance in its battle with Alibaba for consumers’ shopping budgets.