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Marisa Fernandez — JD.com is leapfrogging rural China into online shopping

Summary:
JD.com, the third-largest tech company in the world behind Amazon and Google's parent company Alphabet, is focusing on hundreds of isolated villages in rural China as it has hired 85,000 delivery personnel, and focusing on locals to do its bidding in ramping up online shopping, a relatively new concept for the region, according to The New Yorker's Jiayang Fan. Bold. AxiosWhat we're reading: JD.com is leapfrogging rural China into online shopping Marisa Fernandez

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JD.com, the third-largest tech company in the world behind Amazon and Google's parent company Alphabet, is focusing on hundreds of isolated villages in rural China as it has hired 85,000 delivery personnel, and focusing on locals to do its bidding in ramping up online shopping, a relatively new concept for the region, according to The New Yorker's Jiayang Fan.
Bold.
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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