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Chinese e-commerce giant partners with Silicon Valley accelerator program

12/7/2017
Alibaba rival JD.com is expanding its presence in the United States.

The online giant announced a collaboration with start-up accelerator Plug and Play to seek out and work with promising U.S. startups, reported Techcrunch.com.

The new JD-backed program will be open to startups that cover “a range of areas and industries,” with a particular interest in those that operate in such common areas as robotics, AI, AR/VR and the cloud, the report said.

"Partnering with JD.com, one of China’s premier technology players, will give startups access to both tremendous innovation resources, as well as a huge helping hand as they look to reach the Chinese market,” said Plug and Play CEO and founder Saeed Amidi.

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