JAKARTA - JD.ID's online shopping service has officially announced its service to close in Indonesia, as quoted from the company's official announcement broadcast on the JD.ID website on January 30, 2023.
JD.ID's Head of Corporate Communications & Public Affairs, Setya Yudha Indraswara, confirmed that JD.ID will stop all services on March 31, 2023.
"This is a strategic decision from JD.COM to focus on building cross-border supply chain networks, with logistics and warehousing as the core of its business," he said in an official statement, quoted from Antara, Monday, January 30.
Selanjutnya JD.ID akan memberi waktu bagi seluruh partner pengguna dan penjual untuk menyelesaikan transaksinya hingga akhir Maret 2023.
Previously, in mid-December 2022, JD.ID also laid off approximately 200 employees, equivalent to 30 percent of JD.ID's total workers, to adapt to the challenges of fast business change.
The increase in benchmark interest rates from various countries to geopolitical turmoil between Russia and Ukraine overshadowed the startup and e-commerce businesses throughout 2022.
Quoted from its official website, JD.id is a subsidiary of one of the largest online stores in Asia (JD.com).
JD.ID was present in Indonesia in 2015 and quoted iPrice data, at the end of December 2022, JD.ID is the 10th largest e-commerce with traffic in Indonesia.
Apart from Tokopedia, Shopee, and Blibli in the top three, other sites and applications such as Klik Indomaret, Zalora, and Orami are also above JD.ID.
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