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August 20, 2017

JD.com seeks Indonesia-based niche ecommerce players

China-based ecommerce company, JD.com has disclosed plans to partner with smaller e-commerce players in Indonesia, according to sources from DEALSTREETASIA.   Indonesia is fertile ground for ecommerce businesses, with a potential ecommerce market of USD 65 billion by 2020, according to Macquarie Research. This growth is also driven by the country’s legal framework, which now allows 100% foreign…