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China e-commerce competition intensifies as JD.com, Alibaba go niche

2015-01-12 11:56:52| Auto Dealers - Topix.net

China's JD.com Inc has ratcheted up competition with Alibaba Group Holding Ltd through a $1.55 billion deal with an online car sales portal, as the e-commerce giants gun for high-value markets like cars, tourism and homes. Following over a year of fervent investment activity in China's tech sector, niche e-commerce markets are now in vogue as targets, analysts say.

Tags: china competition alibaba ecommerce

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