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Business

JD.com builds coalition to challenge e-commerce leader Alibaba

China's No. 2 player joins forces with Tencent, Wal-Mart ahead of Singles Day

JD.com is challenging Alibaba's lead in the Chinese e-commerce market. (Photo by Mariko Tai)
SHUNSUKE TABETA and WATARU KODAKA, Nikkei staff writers | China

BEIJING/SHANGHAI -- As China's online retailers prepare for Singles Day on Nov. 11, the biggest shopping event of the year, second-ranked JD.com is enlisting powerful allies in its effort to steal the sales crown from Alibaba Group Holding.

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