Joybuy opens up to European and Chinese sellers
Joybuy, JD.com's online department store, is becoming a marketplace. The platform will soon open its doors to selected third-party sellers from both Europe and China. Through a major promotional campaign, Joybuy hopes to boost its popularity among European shoppers this summer. “Why wait until November to shop smarter?”
While Luxembourg is a small country, it has a really large amount of internet users, compared to the overall population. Because of that, online sales are increasing. The ecommerce market is expected to grow annually with 5.86 percent between 2025 and 2029.