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E-commerce

Targeting Amazon: JD to launch Joybuy in Europe

Chinese e‑commerce giant JD on Monday launched its Joybuy online marketplace in the UK, Germany, France, the Netherlands, Belgium and Luxembourg, stepping up its push beyond its home market and taking aim at market leader Amazon.

JD wants to internationalise its business and last year agreed to buy German electronics retailer Ceconomy, owner of the MediaMarkt and Saturn brands, for 2.2 billion euros (US$2.52 billion).

The launch comes as Chinese retailers and brands have been expanding abroad in the US and Europe, looking for new growth drivers away from the cut-throat competition and weak consumer demand they face at home.

Joybuy’s website and app will sell products across technology, appliances, beauty, homeware, and grocery.

Its platform will also feature dedicated brand stores, including L’Oreal, Braun, DeLonghi, BRITA, and Bodum.

JD said prices will be “competitive”.

Fast delivery is key selling point

Fast delivery to shoppers in major cities will be a key selling point, said Matthew Nobbs, Joybuy UK MD, with orders placed by 11am arriving the same day, and orders placed before 11pm arriving the next day.

More than 15 million households in Europe and the UK overall would be covered by same-day delivery from launch. Delivery is free on orders over 29 euros ($33.21) or 29 pounds ($38.52), and Joybuy is also targeting Amazon Prime, with its ‘JoyPlus’ unlimited free delivery subscription at an introductory price of 3.99 euros or 3.99 pounds a month.

Nobbs declined to say how much JD has invested in the project, which includes 60 warehouses and depots across Europe and its own last-mile delivery service.

In 2024, JD explored a takeover of UK consumer electricals retailer Currys  but ultimately walked away. It also held talks last year to acquire Argos from supermarket group Sainsbury’s , though those discussions also fell through.

  • Reporting by James Davey and Helen Reid; Editing by Chris Reese, of Reuters.
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