Closer Look: Jingdong Gives Alibaba Some Company in Financial Industry

(Beijing) – The country's second-largest e-commerce company, Jingdong Mall, is following its big rival into the financial industry.

Jingdong may be a latecomer to the competition, but its ambitions are no less aggressive than Alibaba's. It has less expertise and experience running an e-shopping website and third-party payment services than Alibaba, but it has an edge in logistics management.