BEIJING -- Chinese online retailer JD.com will buy a 9% stake in Beijing Digital Telecom, which operates brick-and-mortar stores that sell phones, computers, and other consumer electronics in China, JD.com said in a press release.
This move will expand JD.com's offline presence in China, especially in the country's lower-tier cities. Beijing Digital Telecom now runs more than 3,000 stores in China.
