JD.com news

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. ...
20 April 2018
UK retailer Iceland is partnering with JD.com to make its debut in the Chinese market. Flagship store on JD Worldwide The Iceland flagship store on JD.com’s cross-border ecommerce platform, JD Worldwide carries six key categories: snacks, beverages, baking, baby, skin care and personal care. There are . Popular products available on the store include Iceland’s own-brand biscuits, cereals an...
18 April 2018
JD.com has made a bold statement that the company is going to open 1,000 convenience stores a day by the end of this year, mainly through franchise. It has also formed a partnership with CR Vanguard.  Ambitious plan to open new stores JD opened its first batch of 1,111 stores in November last year, and has been opening about 1,000 stores every week so far. It plans to open a million conveni...
03 April 2018
Walmart has debuted its first small-format supermarket in the southern city of Shenzhen. Smaller store with optimised assortment The size of the store is about 1,200 sq m, around 10 percent the size of a regular Walmart Hypermarket, made to better accommodate shoppers in residential areas. The store stocks more than 8,000 items. Roughly 90 percent of items offered for sale in the store wil...
15 March 2018
JD.com is pondering investment options in Hong Kong, with plans for unstaffed stores and other innovations. Innovations in HK The retailer has been investing heavily in partnerships , especially with brick-and-mortar retailers, to accelerate its offline presence and bolster its O2O strategy. Now, JD.com is planning to bring drone delivery services and unstaffed stores to Hong Kong. J...
12 March 2018
Chinese ecommerce giant JD.com has opened its second 7Fresh supermarket  in northern Beijing, and plans to open 1,000 more. The 7Fresh concept The 7Fresh concept focuses on fresh goods including produce, meat, seafood, bakery goods, ready-to-eat packaged food and cooked-to-order foods. The supermarket also aims to integrate JD’s technical expertise to improve its offering and customer exper...