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China's second largest e-commerce giant JD said it has increased its investment to become one of the biggest shareholders in Vietnam-headquartered e-commerce platform Cheap PJ Tucker Jersey , Tiki.vn, as part of its overseas expansion initiatives.

JD and another existing shareholder, VNG Corporation, both participated in the latest fund-raising for Tiki, while its previous investors include Japanese investors Sumitomo Corporation and CyberAgent Ventures.

This follows JD's US$44 million investment in the platform in November last year.

Tiki was founded in 2010 and started out as an online book seller Cheap Robert Horry Jersey , but has since diversified to include more physical goods such as toys, digital devices, lifestyle and beauty products.

"JD will push forward collaboration with VNG in terms of social network and mobile payments, and we'll continue to share with Tiki our experience in pushing forward social commerce," said Winston Cheng Cheap Clyde Drexler Jersey , president of JD's international business.

“With JD’s expertise in leveraging social media for e-commerce, Tiki.vn’s partnership with VNG in social network and mobile payments is a natural fit,” he said in the statement.

JD will also leverage off Tiki's warehousing and delivery systems, as well as its technology and payment capabilities.

JD aims to build more solid ground for its long-term expansion in overseas markets following its launch of a local online retail business in Indonesia in 2015. The e-commerce giant has been pushing forward tie-ups with domestic and overseas partners, and deals with Farfetch and Vipshop in the past year testifies its ambition to broaden product and service offerings to catch up with leader Alibaba.

E-commerce giants are ambitious in their Southeast Asian expansion plans. Alibaba has invested heavily in payment and e-commerce ventures in Thailand Cheap Charles Barkley Jersey , Singapore, Indonesia and Malaysia.

Alibaba-backed Lazada also has a strong presence in Southeast Asia, especially in Malaysia, Singapore and Indonesia, while Amazon launched its subscription member service in Singapore.

HANGZHOU Cheap Steve Francis Jersey , Jan. 17 (Xinhua) -- Alibaba plans to pay two elderly employees an annual salary between 350,000 yuan (54,000 U.S. dollars) and 400,000 to work for its e-commerce platform Taobao.

According to a job ad released on its official website Tuesday, Taobao wants to hire two "product experiencers" over the age of 60 to help the company collect user experiences on its new customized shopping platform.

Alibaba said applicants should have an easy rapport with children Cheap Tracy McGrady Jersey , have stable groups of friends and have good communication skills.

Apart from that, they must have at least one year of online shopping experience. Being a "group influencer," such as the leader of a square dancing team or a member of a neighborhood committee, is also a plus, according to the company.

Alibaba said the company has seen a massive response and is now short-listing candidates for interviews.

Analysts said Alibaba's move reflects the growing role of the elderly in China's burgeoning online shopping market.

Alibaba's Tmall online marketplace has 30 million registered elderly users Cheap Ryan Anderson Jersey , who prefer electronic products and home appliances over other product categories.

According to a survey of nearly 10,000 people aged 50 and older, about 90 percent said they were willing to learn new things, such as online shopping and how to use mobile payment.

At the end of 2016, China had 230 million people aged 60 and older.

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