COCFO’s womai.com recently announced its cooperation with JD.com, and now Xiu.com, a B2C marketplace that sells fashion goods, has also joined JD’s open platform POP (pctowap open platform), and JD released detailed regulations regarding POP on September 1.
The regulations include general regulations of POP, industry standards of POP and regulation concerning POP sellers’ credit. A total of 22 segmented industries are regulated, including garments, jewelry, and home furnishings.
JD.com is revising its scoring system and the new system - that is expected to be released in October - will be based on 10 points rather than the previous 5 points.
JD.com is also trying multiple cooperation modes. For example, in the case of COFCO, JD will buy hundred of products from the manufacturer, including cooking oil, instant noodles, honey and wine.
COFCO is the largest supplier of diversified products and services in the agricultural products and food industry in China. And COFCO’s sales are expected to increase 500% compared to last year thanks to its accession to JD.com’s open platform.
Edited by Niva Whyman