Author: Sam Mcneil,Associated Press

JD.com (NasdaqGS:JD) has launched JoyExpress, an express delivery service, to support its expansion in Europe. The company is preparing to roll out Joybuy, a UK focused retail platform aimed at local consumers. JD.com has formed a partnership with the China Britain Business Council to help UK brands access Chinese shoppers. JD.com, a large Chinese e commerce and logistics company, is extending its reach into Europe with a mix of delivery infrastructure and a new consumer facing platform…Read More

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A satellite data start-up which shrinks file sizes in order to transmit larger quantities of information has won backing from an early investor in SpaceX, Elon Musk’s rocket-making behemoth. Sky News understands that The Compression Company will on Friday announce a $3.4m (£m) fundraising led by Long Journey, which has backed some of the world’s biggest technology businesses, including SpaceX, Uber and Anduril. The Compression Company uses AI-driven compression which runs onboard satellites in order to reduce file sizes by more than 95%, which it says unlocks one of the principal bottlenecks in the delivery of useful data back to…

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