JD.com, one of China’s largest online retailers, has signed a partnership agreement with Dubai’s Emaar Malls fashion and lifestyle platform, Namshi, according to an Arab News report.
The Dubai-headquartered e-commerce platform, which sells more than 800 brands and has customers in Saudi Arabia, the UAE, Kuwait, Oman and Bahrain, will provide JD.com with local logistics, warehousing and marketing support in the region. In addition, the Namshi platform will launch several fashion and lifestyle brands from China later this month.
Beijing-based JD.com posted revenue of 745.8 billion yuan ($114.97 billion) for the year, beating analysts’ estimates.