JD Central is leaving Thailand, and its little dog too

The digital retail realm will be a little less crowded when one online shopping marketplace shuts down in four weeks

JD Central, a venture between China’s JD.com and Thai megaretailer Central Group, announced today that it will cease operations on March 3 and wind down services thereafter.

“We would like to inform you that JD CENTRAL will discontinue its operations in Thailand, effective on 3 March, 2023,” read a company statement. “JD CENTRAL highly appreciates our customers, sellers, partners, and employees for all the kind and continuous support.”

The site will stop taking orders Feb. 15. Orders made through other sellers on its platform, as well JD Point redemptions and use of discount coupons will continue until March 3.

Customer services will be discontinued March 31.

The main reason for its withdrawal are heavy losses under withering…