Russia not planning to curtail security cooperation with Europe — General StaffMilitary & Defense April 26, 13:54
Saudi Arabia hopes for cooperation with Russia in oil sectorBusiness & Economy April 26, 13:30
Russian General Staff: West ignores Moscow’s offers to pool efforts to fight terrorMilitary & Defense April 26, 13:24
Ambassadors of EU member states approve visa waiver for Ukraine — sourceWorld April 26, 13:21
Russian defense chief suggests enlisting private sector to assist in demining SyriaMilitary & Defense April 26, 13:07
NATO building up offensive armaments along border with Russia — General StaffMilitary & Defense April 26, 13:05
Press review: Trump to ease up on Moscow's democracy and Russia goes on gold-buying spreePress Review April 26, 13:00
MiG-31 interceptor jet crashes in RussiaMilitary & Defense April 26, 12:41
Russian court upholds house arrest of ex-economy ministerBusiness & Economy April 26, 12:39
MOSCOW, January 15. /TASS/. Large Chinese online retailer JD.com is going to open its division in Russia in the near future, the president of JD.com's international business group, Victor Xu, told journalists Friday.
He added that the company also plans to develop an online video streaming service in Russia. "We are closely studying this opportunity together with our partners," he said. "The Russian office is currently developing as a subsidiary company," he added.
The project might be based on a new or already existing platform together with partners from Russia, he said. According to him, the idea came after JD began selling Chinese brands of smart TVs in Russia, where they are quite in demand due to the lower cost than those of popular manufacturers.
The service might have Western and Russian TV series, Victor Xu said. At the same time, Chinese companies already have the rights to broadcast a number of Hollywood films in China and might agree with Western partners to extend these rights to Russia, he said.
JD.com (Jingdong Mall) was established in 1998 and is currently the second largest (after Alibaba) Internet retailer in China. The Russian version of JD.com website was opened in the summer of 2015.
JD.com trade turnover totals about $60 bln per year.