JD.com news

10 August 2020
The ecommerce giant launched a new format, known as Mini Shop, in Xi’an, Shaanxi province, China in July. Focusing on self-service shopping experience With a store size of 15 sq m, the new store provides a self-service shopping experience. The target shoppers are office workers in nearby buildings. The range mainly consists of ready-to-eat food, beverages, snacks and stationery. Customers c...
04 August 2020
Li & Fung, which trades convenience chain Circle K in Hong Kong, announced a strategic investment from JD.com to further develop its digital supply chain. The “supply chain of the future” Li & Fung has been working on creating the “supply chain of the future”, which is centred around speed, innovation, and digitalisation, and aims to help its customers navigate the digital economy. JD.co...
28 July 2020
CR Vanguard and Dada Group have strengthened their strategic partnership in China. Boosting delivery and omnichannel services The two businesses will deepen cooperation in many areas, including omnichannel, product management and marketing. CR Vanguard’s store on the JD Daojia (a subsidiary of Dada Group and JD.com) platform will be connected to JD.com. JD Daojia will continue to support...
03 July 2020
Jonathan Wang, the head of JD.com’s 7FRESH, shared his view at the "2020 China Community Business Annual Meeting" organized by the China Chain Store and Franchise Association (CCFA) last week. The main points are summarized here in this article. Driven by urbanisation From the perspective of China’s social structure, community stores are typically defined as those within the life circle of ...
19 June 2020
Alibaba and JD.com handled US$136.5bn of sales through their platforms during 6.18, an annual online shopping festival in China that runs from 1 st June to 20 th . Strong numbers show retail is recovering For 6.18, Alibaba achieved gross merchandise value (GMV) of CNY698.2bn (US$98.5bn), over double what it achieved on Singles Day (2020 11.11) last year, which posted record GMV of CN...
16 June 2020
To understand how autonomous warehouses allowed JD.com to respond quickly to uncertainties and fluctuations in product availability and consumer demands during the COVID-19 crisis, IGD conducted a collaborative research project with JD.com. Extracts from the full report are shared here in this article. Technical advancements that enabled JD.com to respond quickly during COVID-19 JD.com’s ...
03 June 2020
The annual 6.18 Mid-Year Shopping Festival was kicked off on 1 June, which is China’s largest online retail promotion since the outbreak of COVID-19. Equivalent to 11.11 Singles Day The event, which runs until 20 June, was launched by JD.com 17 years ago as the anniversary of JD.com. Since then, it has become an online shopping festival for major ecommerce players. It is the equivalent to...
01 June 2020
The Chinese ecommerce giant and Gome Retail, one of China’s largest electronics chains, announced a strategic partnership with JD.com buying US$100m worth of convertible bonds in Gome. Further deepening of the collaboration The announcement of the strategic partnership between JD.com and Gome Retail is a further deepening of the cooperation between the two sides after Gome’s flagship sto...
22 May 2020
JD.com’s recent Foodie’s Carnival shopping event saw 27,000 tons of fresh products sold in just over one week, including 4,531 tons of imported fresh goods. Brought together more than 6,000 global brands The online festival, held between 11 and 17 May, brought together more than 6,000 global brands selling in excess of one million seasonal fresh products. The highlights are: Increa...
20 May 2020
Following the outbreak of Coronavirus (COVID-19) in January, retailers in China have responded with urgency and empathy as the situation evolves - we will continue to update this article with the latest developments... May updates Second lockdown: the cities of Jilin and Shulan in Jilin province, with more than five million populations, have been put on lockdown since mid May after the...