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Thailand's Central Group expects online surge through pact with JD

It is targeting annual revenue growth of 13% in 2018 based on its five-year strategy plan

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Mr Tos estimates that online retail in Thailand could rise fivefold to 10 per cent of the market as the country of nearly 70 million develops and access to the web spreads through smartphones. Central Group and JD are competing in an increasingly crowded online market.

Bangkok

THE company with the biggest grip on Thailand's brick-and-mortar retail market is expecting a partnership with China's JD.com to help it do the same in online sales.

Central Group, which controls Thailand's biggest operator of...

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