The company said its Japanese subsidiary is already working with a wide range of brands in the country to make their ecommerce efforts in the Chinese market “more simple, transparent, and profitable”

As Samarkand chief executive David Hampstead points out, China doesn’t have Amazon, instead, it has Tmall, JD.com and Xiaohongshu (Little Red Box)

A glance at some of the day's highlights from the Proactive Investors newswire

The ecommerce group has received the investment from S.F. Holding, a leading Chinese delivery group with a market cap of around £32bn