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JD’s Indonesia and Thai businesses, by the digits

200: People JD Indonesia laid off in December, comprising 30% of the staff in the country, citing “the challenges of the rapidly changing business.” The company also froze hiring

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$500 million: How much JD and Central Group together invested into building a logistics network including warehouse and last-mile delivery team

1 billion yuan ($147 million): JD’s losses in its Thai joint venture between 2017 and 2021, according to Thai government filings cited by South China Morning Post

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5-10 years: How long JD CEO Richard Liu once said it would take for JD.id to replicate JD China’s success

20: Logistics parks in Indonesia JD’s property subsidiary has invested in and manages. They have a combined area of over 400,000 square meters

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Charted: JD trails other e-commerce sites in Thailand

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Is JD.com exiting southeast Asia entirely?

The Beijing-based retailer is pivoting its international business towards supply-chain management and warehousing.

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“JD.com will continue to serve the global markets, including Southeast Asia, through its supply chain infrastructure,” the company said in an email quoted in Bloomberg. “We are developing in international markets by focusing on building a cross-border supply chain network with logistics and warehousing at the core.”

The idea is to cut losses in the foreign markets to sharpen the focus at home in China. There, the downturn in retail spending is apparently over and JD is in prime position to tap into the resurgent demand and claw some more market share.

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