![]() Jingdong’s gross merchandise volume, or GMV, increased from RMB32.7 billion in 2011 to RMB73.3 billion in 2012 and RMB125.5 billion (US$20.7 billion) in 2013. Jingdong Mall changed the domain name to in June 2007, and to JD.com in 2013. It started as an online magneto-optical store, but soon diversified, selling electronics, mobile phones, computers, etc. Jis now considered JD’s first 618 promotion. When the SARS outbreak affected China in 2003, JD founder Richard Liu saw an opportunity to utilize the potential of the Internet to support his business. Here he established JD Multimedia, the business that would eventually become JD.com. On June 18, 1998, Richard Liu committed RMB12,000 of his savings to lease a four-square-meter retail unit in Beijing’s technology hub of Zhongguancun. Richard Liu) in July 1998, and its B2C platform went online in 2004. Jingdong was founded by Liu Qiangdong (a.k.a. To find out more about the company beyond e-commerce, visit JD.com Inc. JD.com also leverages a network of over 1,000 warehouses with a total of over 21 million square meters, including warehouse space of cloud warehouses managed under the JD Logistics Open Warehouse Platform. 1” logistics parks, which are among the largest and most automated smart fulfillment centers in Asia. JD.com has one of the largest fulfillment infrastructure of any e-commerce company in the world.Īs of March 31, 2021, JD.com operated 32 “Asia No. Mobile daily active users in March 2020 increased by 46% as compared to March 2019.Ĭompare Statistics: total annual customers – Alibaba vs JD vs Pinduoduo Jingdong’s annual active customer accounts increased by 24.8% to 387.4 million in the twelve months ended Mafrom 310.5 million in the twelve months ended March 31, 2019. One of the two major online shopping festivals in China “ 618” was started by Jingdong. As it gained popularity, it started accepting other retailers as an e-commerce marketplace. JD.com started with a focus on online direct sales selling electronics products on. JD.com cross-border e-commerce operation through JD Worldwide (import retail launched in 2015), a direct competitor to Tmall Global and Kaola.Īnd for international markets, JD Global sells to overseas Chinese.įind out the global e-commerce properties owned by JD.com Inc. Jingxi, a platform JD launched in Sep 2019 to take on Pinduoduo for lower-tier cities in China (more in the history section) ![]() In addition to its online shopping website JD.com with mobile apps for Android and iOS, JD manages several e-commerce verticals: Get an overview of JD.com by watching the video below: JD.com offers a vast selection of products, across every major category (electronics, apparel and home furnishings, FMCG, fresh food, home appliances and others), and delivering them at fast speeds to Chinese consumers.ĭownload ( annual subscribers) Research: JD.com’s Autonomous Warehouse Jingdong Business Overview ![]() JD.com), formerly known as 360Buy, is among the top 3 e-commerce shopping platforms in China. Chinese e-commerce platform Jingdong (a.k.a.
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