JD.ID denies disbanding ops in Indonesia

A man stands outside JD.Com’s headquarters in Beijing. JD.com chief executive Xu Lei says the second quarter of 2022 had been the most challenging quarter since Jingdong, or JD Global, went public. — Reuters

JAKARTA: Despite reports of JD Global’s plans to pull the plug on its South-East Asian operations have swirled for some time, JD.ID, its Indonesian counterpart, has denied the rumours.

“Up until today, there has never been any talks regarding this dissolution issue in JD.ID’s management. For us, everything is still on track, so there’s no reason to confirm those rumors,” a JD.ID spokesperson told The Jakarta Post. That was until Chinese media reported the story recently, giving the news a more valid basis.