Korea Rakuten Online And JD.com signed an exclusive partnership

Ali and JD.com, whichbusy expanding its cross-border e-commerce business, have shown a consistent preference for the South Korean marketHalf a year after the opening of Lotte Matt Pavilion in Tmall International, a large Korean supermarket, JD.com announced on September 8th that its overseas purchase business would introduce Rakuten Online, which is responsible for the online sales of the products and services of all Lotte Group subsidiariesInterestingly, according to the strategic cooperation agreement signed on September 8th between JD.com and Rakuten Online, JD.com has become the only strategic partner of Rakuten Online In China for the next five yearsSpecifically, after the cooperation between the two sides, Rakuten Online Shopping will lead all the subsidiaries of Lotte Group to build the "Lotte Pavilion" in JD.comAmong them, Lotte Department Store, Lotte Matt, HIMART, Lotte duty-free shop, Rakuten Fruit, Rakuten Hotel, Lotte World and other Lotte Group's merchandise will be sold in jd.com, "Lotte Pavilion" sales of goods are not limited to infants, cosmetics, fashion and other Popular Korean products, including household goods and home appliancesFor the same group of enterprises before Lotte Matt into the cooperation of Tmall, Lotte online shopping representative director Jin Hengjun in an interview with the First Financial Daily, said, "Although we have in other circulation enterprises, but we and JD.com is exclusive exclusive cooperation, other friendly cooperation is general lying, this kind of exclusive merchandise sales SKU limited to about 500 to 1000, and there are some other restrictions." This time, the cooperation with JD.com, SKU started from 15,000, and is expected to reach 200,000 kinds of goods in three years"
thein Jin Hengjun's view, the two sides in this six-month-long process of cooperation and consultation, JD.com has shown great sincerity, in terms of resource tilt and policy provision to make them very satisfiedAccording to Qiu Huang, DIRECTOR OF GLOBAL PURCHASING, THIS STRATEGIC COOPERATION MEANS THAT THE TWO SIDES MAY BE MORE IN TERMS OF RESOURCES OR PRODUCT INPUT, THIS TIME RAKUTO ONLINE SHOPPING REPRESENTS THE ENTIRE LOTTE GROUPIt is worth mentioning that in accordance with jd.com and Lotte's online shopping cooperation objectives, the two sides plan to expand cooperation in the future to tourism and services O2O and other fieldsAccording to Rakuten online shopping related person in charge revealed that Rakuten Group in China has Lotte department stores and Lotte Matt line under the existence of physical storesWe intend to start from this part, the plan for future consumers through the JD.com platform orders Lotte online shopping goods, you can go to the line of Lotte Matt, Lotte department stores to achieve self-referenceIn addition, Kim said, the current domestic in Korea in the Rakuten online shopping platform to buy goods can be online 39 stores to achieve self-referenceAnd they are planning to expand the model to more than a thousand Lotte Group outlets in South KoreaAli and JD.com, which are busy expanding their cross-border e-commerce business, have a consistent preference for the South Korean market 　　Half a year after the opening of Lotte Matt Pavilion in Tmall International, a large Korean supermarket, JD.com announced on September 8th that its overseas purchase business would introduce Rakuten Online, which is responsible for the online sales of the products and services of all Lotte Group subsidiaries 　　Interestingly, according to the strategic cooperation agreement signed on September 8th between JD.com and Rakuten Online, JD.com has become the only strategic partner of Rakuten Online In China for the next five years 　　Specifically, after the cooperation between the two sides, Rakuten Online Shopping will lead all the subsidiaries of Lotte Group to build the "Lotte Pavilion" in JD.com Among them, Lotte Department Store, Lotte Matt, HIMART, Lotte duty-free shop, Rakuten Fruit, Rakuten Hotel, Lotte World and other Lotte Group's merchandise will be sold in jd.com, "Lotte Pavilion" sales of goods are not limited to infants, cosmetics, fashion and other Popular Korean products, including household goods and home appliances 　　For the same group of enterprises before Lotte Matt into the cooperation of Tmall, Lotte online shopping representative director Jin Hengjun in an interview with the First Financial Daily, said, "Although we have in other circulation enterprises, but we and JD.com is exclusive exclusive cooperation, other friendly cooperation is general lying, this kind of exclusive merchandise sales SKU limited to about 500 to 1000, and there are some other restrictions." This time, the cooperation with JD.com, SKU started from 15,000, and is expected to reach 200,000 kinds of goods in three years "
the in Jin Hengjun's view, the two sides in this six-month-long process of cooperation and consultation, JD.com has shown great sincerity, in terms of resource tilt and policy provision to make them very satisfied 　　According to Qiu Huang, DIRECTOR OF GLOBAL PURCHASING, THIS STRATEGIC COOPERATION MEANS THAT THE TWO SIDES MAY BE MORE IN TERMS OF RESOURCES OR PRODUCT INPUT, THIS TIME RAKUTO ONLINE SHOPPING REPRESENTS THE ENTIRE LOTTE GROUP 　　It is worth mentioning that in accordance with jd.com and Lotte's online shopping cooperation objectives, the two sides plan to expand cooperation in the future to tourism and services O2O and other fields 　　According to Rakuten online shopping related person in charge revealed that Rakuten Group in China has Lotte department stores and Lotte Matt line under the existence of physical stores We intend to start from this part, the plan for future consumers through the JD.com platform orders Lotte online shopping goods, you can go to the line of Lotte Matt, Lotte department stores to achieve self-reference 　　In addition, Kim said, the current domestic in Korea in the Rakuten online shopping platform to buy goods can be online 39 stores to achieve self-reference And they are planning to expand the model to more than a thousand Lotte Group outlets in South Korea