JD.com news

08 August 2019
The Chinese ecommerce retailer has become the largest shareholder of the online firm Tiki Vietnam. Continuously making investment in Tiki  JD.com made an investment of  US$44m in Tiki.vn in 2017  and has been continuously investing into the firm since. JD.com now owns 25.65% of Tiki’s shares, overtaking VNG (a Vietnamese technology company), and has become the largest shareholder of ...
30 July 2019
The Chinese ecommerce giant has agreed to buy a 9% stake in Beijing Digital Telecom. Gaining access to 3,000 stores Beijing Digital Telecom, listed in Hong Kong, is the largest offline electronics retailer in China. It sells phones, computers and other consumer electronics. The acquisition would cost JD.com US$27m and would be paid in cash. It would give JD.com access to Beijing Digital ...
20 June 2019
JD.com and Alibaba reported record breaking results for the 18-day campaign, with sales value up by +26%YoY. The festival has evolved to be a major midyear ecommerce event 6.18 shopping festival, created by JD.com, now joined by Alibaba, has become a midyear event that can match the scale of the 11.11 global shopping festival. The total sales transaction reached a new high this year of U...
06 June 2019
For the 16 th year, the 18-day Mid-Year Shopping Festival which culminates on 6.18 has begun. This year, the online giant JD.com is focusing on social commerce and has launched WeChat group-buying in Hong Kong. Engaging shoppers beyond discounts in mainland China Last year, JD.com sold around CNY159.2bn (US$23bn) worth of products during the shopping festival. There are more than 50m produ...
09 May 2019
The Chinese ecommerce giant confirmed this week that it has closed its office in Australia less than 15 months after opening in February last year. A measure to mitigate losses JD.com’s Australian office in Melbourne, where Alibaba also has an office, was a step for the company to work closely with Australian suppliers and sell Australian goods, including food, wine, health supplements, vit...
01 May 2019
 JD.com plans to invest CNY6.5bn (US$965.1m) in Thailand over the next three years to strengthen its fresh food business. Offering shoppers more choices In partnership with Yonghui, JD.com plans to import large quantities of durian, mangosteens, coconuts and other fruits from Thailand worth CNY5bn (US$742.4m). JD.com itself will also source an additional CNY1.5bn (US$222.7m) worth of fruits...
01 April 2019
The Japan External Trade Organisation is offering small to medium-sized domestic retailers free access to global ecommerce platforms to help them sell products in 18 markets abroad. Supporting smaller retailers grow online The initiative is expected to increase trade for local businesses, maximising the global popularity of Japanese products around the world. Twenty four ecommerce operators...
01 March 2019
For the full year of 2018, JD.com reported net revenues of RMB462.0bn (US$67.2bn), representing a 27.5% increase from the full year of 2017. Expanding customer and merchant base Net revenues1for the fourth quarter of 2018 were RMB134.8bn (US$219.6bn), an increase of 22.4% from the fourth quarter of 2017. JD.com’s sales are seasonally high in the fourth quarter due to promotions surrounding ...
22 February 2019
Chinese ecommerce giant JD.com is partnering with Rakuten on delivery in Japan. JD.com's drones will become a part of Rakuten's own unmanned delivery services. JD.com's drones JD.com has been developing and operating drones in China for a few years. It has been expanding in other Asian countries, such as Indonesia, where JD.com completed its first government approved drone flight. Its unman...
06 February 2019
The ‘last mile’ has become an increasingly competitive place, as the food industry and disruptors continue to create solutions that make online shopping even more convenient. We know that the convenience and ease of online shopping is extremely appealing to shoppers. We’ve identified several examples of last mile solutions that help online shoppers embrace this convenience. Increase in un...