JD.com has become one of the largest shareholders in e-commerce platform Tiki following a round reportedly at least $44m in size.
Vietnam-based e-commerce platform Tiki has secured an undisclosed amount of funding from a consortium co-led by online retailer JD.com and internet group VNG, Reuters reported yesterday.
JD has become one of the largest shareholders in Tiki following its investment. Vietnamese media sources reported the round as being approximately $44m in size in November 2017, but the companies have not confirmed the figure.
Founded in 2010, Tiki originally launched as an online book retailer but then expanded its range to consumer…
