JD.com news

19 September 2018
Groceries delivered directly to shoppers’ homes. Making use of QR technology JD Indonesia has launched a grocery delivery service that allows train commuters to shop for groceries whilst on the way home. JDVirtual, the new service, is now available at selected Commuter Line train stations in Jakarta. Commuters can order food, beverages as well as other everyday groceries by scanning a QR...
20 August 2018
JD.com, part-owned by Walmart and Chinese technology giant Tencent, has reported a 31.2% increase in revenue to RMB122.3bn (US$218.5bn), for the quarter ended June 30. Key developments in Q2 JD.com had over 170,000 merchants on its online marketplace, 521 warehouses with a gross floor area of 11.6m sq m as of June 30, 2018. It has expanded its leadership position in fulfilment capabilities ...
20 August 2018
JD.com, part-owned by Walmart and Chinese technology giant Tencent, has reported a 31.2% increase in revenue to RMB122.3bn (US$218.5bn), for the quarter ended June 30. Key developments in Q2 JD.com had over 170,000 merchants on its online marketplace, 521 warehouses with a gross floor area of 11.6m sq m as of June 30, 2018. It has expanded its leadership position in fulfilment capabilities ...
10 August 2018
Walmart and JD.com have invested US$500m to further strengthen their online grocery delivery and logistics firm Dada-JD Daojia. Boosting online to offline experience Dada-JD Daojia offers delivery services to around 100,000 retail stores in China. It partners retailers to offer one-hour delivery for groceries and other items via its network of bike and scooter riders. Around 200 of Walmart’...
03 August 2018
Technology first introduced in China is now available in Jakarta. First of its kind store JD.com, a leading online retailer in China, has opened its first unmanned store outside of China. Called JD.ID X-Mart, this store is located in PIK Avenue, an upmarket shopping mall in Jakarta. The 270 sq m store stocks a range of food, health and beauty products as well as an assortment of fashion app...
24 July 2018
China-based ecommerce retailer JD.com plans to finalise its strategy for entering the European market and open an office in Germany by the end of the year, according to Handelsblatt, a German newspaper. France, the UK and Germany are the key markets In early 2018, Richard Liu, chief executive of JD.com has said it would first launch its ecommerce platform and delivery services in France, th...
28 June 2018
JD.com has reported a record-breaking US$24.7bn during the 18-day shopping festival. This year the ecommerce giant has provided shoppers with the 'boundaryless retail' experience, benefiting from its technology and retail partnerships. Pop up stores and experience centres 1,400 brands showcased their products and interacted with Chinese shoppers during the festival in JD’s pop-up stores and...
19 June 2018
Google is set to invest US$550m for a minor stake in JD.com, allowing the two companies to collaborate on several strategic initiatives. The partnership… Outside Mainland China, Google will help promote JD’s products, providing an additional channel for JD to sell into, e.g. Europe and the U.S. Google will hope to benefit from JD’s increasing focus in Southeast Asia, where potential for eco...
22 May 2018
Australian grocery wholesaler and distributor Metcash has signed a deal with JD.com to introduce its Fresh Pantry convenience brand to China. Fresh Pantry brand set to expand faster overseas Metcash first launched the Fresh Pantry brand in Melbourne's CBD a few years ago and is yet to roll the concept out widely. It has however been playing with the format and made various changes to enhanc...
09 May 2018
JD.com has reported a 33.1% increase in revenue for the first quarter ending 31 March 2018. Overall performance Net revenues for the first quarter of 2018 were CNY100.1bn (US$16.0bn), an increase of 33.1% from the first quarter of 2017. Annual active customer accounts increased by 27.6% to 301.8m in the twelve months ended March 31, 2018 from 236.5m in the 12 months ended March 31, 2017. ...