JD.com Targets Fnac Darty Amid French Concerns

China’s e-commerce giant, JD.com, follows Shein and Alibaba in expanding into France, setting its sights on Fnac Darty, a popular cultural and electronics retailer. JD.com recently launched its JoyBuy shopping platform in France, stepping up to compete with Amazon and other Chinese rivals in the European market. JD.com, originally known as Jingdong, was founded by Liu Qiangdong in Beijing in 1998. With a substantial sales volume in China and a firm position as the country’s third-largest online retailer, its interest in Fnac Darty has caught the attention of the retail sector. Daniel K?etínský, through Vesa Equity Investment, holds the largest…