Shopify strikes deal with JD.com to allow merchants access to China market
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Shopify (NYSE:SHOP) strikes a strategic partnership with JD.com (NASDAQ:JD) that it says will make it easier for U.S. merchants to sell to consumers in China.
The company says the partnership between Shopify and JD.com will unlock the world's largest e-commerce market for merchants by giving them access to one of Chinaâs leading e-commerce marketplaces.

Starting today, Shopify merchants can "easily" list their products on JDâs cross-border e-commerce platform JD Worldwide. The new sales channel is said to open access to JDâs 550 million active customers in China who are shopping for authentic, high-quality products from brands all over the world.
Shares of SHOP are down 0.69% premarket to $1,095.34. The stock is down about 25% over the last six months amid general selling pressure on high-growth. high PE names.