CEO Morning Brief

China's to Discontinue Services in Indonesia, Thailand

Publish date: Tue, 31 Jan 2023, 09:35 AM
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TheEdge CEO Morning Brief
China's to discontinue services in Indonesia, Thailand

JAKARTA (Jan 30): Chinese e-commerce firm will discontinue all services in Indonesia and Thailand in March, announcements on each country's websites showed on Monday (Jan 30). will end its services in Thailand from March 3, while in Indonesia it will cease operations at the end of the same month, the websites showed. However, both units will stop taking orders on Feb 15.

A spokesperson for said in a statement the company will continue to serve global markets, including Southeast Asia, through its supply chain infrastructure. The company did not provide a reason for the closures.

In Indonesia, the firm started its e-commerce operation under the name JD.ID in 2015, while in Thailand it was formed in 2017 as a joint venture between China's and Thailand's largest retailer Central Group.

Source: TheEdge - 31 Jan 2023

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