JD.com news

24 October 2016
Walmart China has launched a flagship store on JD.com and revealed two strategic investments in Dada, a logistics and grocery O2O e-commerce platform, and China food safety research. Walmart opens flagship store on JD.com Walmart has opened its flagship online store on JD.com to deliver imported products to mainland China’s consumers. Drawing on JD.com’s logistic network, Walmart online...
16 August 2016
Dairy Farm has completed the acquisition of a further 286,934,440 shares in Yonghui for US$190 million in order to keep its share of Yonghui at 19.99%. The acquisition The acquisition, which is alongside an acquisition by JD.com of a 10% interest and by Mr. Zhang Xuansong, the Chairman of Yonghui, of a 2% interest, shows Dairy Farm's commitment to the Chinese market. The co-operation with...
11 August 2016
Chinese e-commerce giant JD.com’s first half revenue growth represents a 42% YoY increase, while its annual active customer account number of 188.1 million has grown by 65%. Growth rate flattened JD.com sees sales rise 42% to RMB65.2b (US$9.8b) for the quarter. The revenue for the second quarter of 2016 is within company forecasts, even as the growth rate continues a steady decline that is ...
30 June 2016
In this roundup we look at the global partnership between Alibaba and Mars Inc, the launch of a British Mall on JD.com, as well as a new agreement Alfamart has signed with Tokopedia. Mars teams up with Alibaba Mars Inc has revealed that it will form a global strategic partnership with China’s e-commerce giant Alibaba. This expands on the successful tie-ups Mars has built with Tmall, Al...
20 June 2016
Walmart and JD.com, China's second largest ecommerce operator, are forming a strategic alliance covering a wide range of business activities, covering online and offline retail. This includes the sales of certain assets relating to the Yihaodian marketplace business. Walmart determined to win in its fourth largest international market Walmart first entered China in 1996, with the market hav...
02 February 2016
In this round up we look at expansion plans, online market size prediction as well as partnership news from three online retailers in Asia. RedMart: raising US$100m for expansion RedMart, a Singapore-based online grocery retailer, is reported to be in the advanced stage of discussions related to closing a US$100m investment which will fuel its expansion in Asia. Established in 2011, ...
22 December 2015
In this round up we look at new retailer partnerships, expansion plans, pure play retailer acquisitions and also where Amazon is set to next test out its drone delivery service. Spencer's Retail acquires Indian pure play retailer Spencer's Retail has entered the online grocery market in India via the acquisition of Delhi-based online pure play startup meragrocer.com. The acquisition wil...
09 December 2015
Online retailer JD.com is to deliver Chinese supermarket Yonghui's products. Doorstep delivery within two hours Later this month, shoppers will be able to order fresh produce and grocery and have it delivered to their doorstep within two hours. The service currently operates across 30 stores in and around Beijing, with shoppers being able to order from a range of 1,000 products. Orders can ...
29 September 2015
South Korea's Lotte Group has signed an agreement with Chinese e-commerce giant JD.com, to exclusively sell its products in mainland China for five years. Aim to sell 200,000 products over the next three years The online part of the business, Lotte.com and JD.com will launch an online platform selling items from across Lotte's various retailing subsidiaries including; Lotte Department store...