China’s to discontinue services in Indonesia, Thailand – website

China's to discontinue services in Indonesia, Thailand - website
FILE PHOTO: A sign of China’s e-commerce company is seen at CES (Consumer Electronics Show) Asia 2016 in Shanghai, China, May 12, 2016. REUTERS/Aly Song/File Photo

JAKARTA :Chinese e-commerce firm, will discontinue all services in Indonesia and Thailand in March, announcements on each country’s websites showed on Monday. will end its services in Thailand from March 3, while in Indonesia it will cease operations at end of the same month, the websites showed. However, both units will stop taking orders on Feb. 15.

A spokesperson for said in a statement the company will continue to serve global markets, including Southeast Asia, through its supply chain infrastructure. The company did not provide a reason for the closures.

In Indonesia, the firm started its e-commerce operation under the name JD.ID in 2015, while in Thailand it was formed in 2017 as a joint venture between China’s and Thailand’s largest retailer Central Group.

Source: Reuters