JD.com

京东

JD.com is an internet company and online consumer electronics retailer in China.

JD.com, founded in June, 1998 and headquartered in Beijing, is a comprehensive online shopping mall and freight platform. The founder is Liu Qiangdong. Listed on the NASDAQ on May 22, 2014, the company's major shareholders are Liu Qiangdong, Li Yayun and Zhang Xu. Rivals that have direct and indirect competition with JD.com include Pinduoduo, Taobao, ebay, Amazon, etc.

JD.com is an internet company and online consumer electronics retailer in China.

Sector

Consumer Staples

Industry

Retailing

Sub-industry

E-commerce and Services

Founded date

Apr 4, 2007

HQ location

Beijing, China

Legal name

JD.com, Inc.

Website

https://www.jd.com/

Service@jd.com

Number of Employees

100000+

News EO

News · 2

News EO

Nov 12, 2020 08:15 am ·

China's E-Commerce Giants Announce Record Sales on Singles' Day 2020

The turnover on Alibaba's e-commerce platform Tmall, in the first 30 minutes of 2020's 'Singles' Day' shopping holiday (November 11) exceeded CNY 372.3 billion, surpassing the 2019 figure. After 35 minutes on November 11, Tmall had more than 300 brands with transaction volumes that broke 100 million. Meanwhile, Apple, Huawei, Midea Haier and other brands exceeded CNY 1 billion. As of 12 AM on November 12, the whole-day turnover of Tmall reached CNY 498.2 billion, an increase of 85.62% compared with 2019's CNY 268.4 billion. The Taobao nemesis JD.com (JD:NASDAQ) announced that, as of 0:09 AM on November 11, the cumulative amount of orders had exceeded CNY 200 billion. The final turnover of JD.com on this year's Single's Day reached CNY 271.5 billion. Private retailer Suning.com (002024:SZ) also made great progress this time, with the online sales growing by 75% between November 1 and November 11. Pinduoduo (PDD:NASDAQ), one of the hottest Chinese stocks this year, has decided not to announce its sales data. The firm's officials said they focus more on whether their consumers enjoy the shopping process than transaction data. Above all, the Single's Day festival this year is about more than surprising figures. From businesses to consumers, from foreign factories to fields, from live broadcast ecology to logistics systems, from offline commerce to technical support, from home to overseas, people are feeling the heat and power of consumption under the special background of COVID-19, which is adding more layers of meaning to this year's Single's Day.

News EO

News · 2

News EO

Nov 11, 2020 12:21 pm ·

China's Tech Titans Suppressed by New Antitrust Guideline

On 10 November, the Chinese State Administration for Market Regulation published the draft version of 'Antitrust Guidelines on the Platform Economy,' targeting the largest Chinese tech titans like Alibaba, Tencent, Meituan's market power in some areas. The guideline is to curb monopolistic behaviors in the field of the Internet platform economy. It set out unregulated conducts, for example, unfair prices, lower than the cost selling, deal decline and different treatment to consumers. Behavior such as WeChat (from Tencent) banning Tik Tok's or Taobao's links may be illegal, according to the draft. The guideline has resulted in BABA declining by around 9.5%, Tencent dropping by about 9.4%, Meituan and JD.com sinking by 9%, 7.3% respectively within two days from the time of the report. Alibaba and Meituan are the 'victims' because of their incredible market shares and power. According to Equalocean's research, Alibaba owned 50.1% cake of China's E-commerce business in 2019. Based on Trustdata, Meituan grabbed the lion's share of 65% in the Chinese delivery food area over the same period. Alternatively, CITIC Securities' analysts believe that the announcement harms Tencent the least as its market shares in related sectors have not let the company reach significant monopolistic positions. It may affect WeChat, but in gaming, advertisement, and finance landscapes, the social media giant hasn't dominated these spaces.

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Nov 4, 2020 02:09 pm · Information Times

Dada Break Its Record of Daily Order

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Nov 3, 2020 11:40 am ·

Pinduoduo to Cultivate 50 New Cosmetics Brands in the Next Two Years

Financials

The Star Market Overview 3Q 2020

Nov 1, 2020 04:00 am

Financials

Equity Research Report: Ant Group

Oct 27, 2020 09:11 pm

Consumer Staples

EO Intelligence | Meituan-Dianping Research Report 2020

Aug 28, 2020 04:00 am

Financials

Digital Dollars and the Online Yuan: Comparing Fintech in the US and China

Jul 7, 2020 01:01 pm

Healthcare, Financials

Tech for Global, Globalization Footprints of the Established and the New

May 30, 2020 04:30 am

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Nov 2, 2020 03:10 pm ·

JD.com: Turnover Up 90% YoY on Double Eleven Day

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Oct 31, 2020 01:42 pm ·

JD: Air-Conditioning Orders Up 5 Times YoY During 'Double 11' Presale Period

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Oct 27, 2020 04:07 pm ·

JD's Retail and Ctrip to Cooperated in Live Streaming in Travel Offerings

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Oct 27, 2020 10:28 am ·

Fruit Tea Drink Brand Sweet7 Nabs CNY 150 Million in Series A Round

Analysts

Yuanpu Huang

Founder of EqualOcean

Linyan Feng

Automotive

Qasim Khan

Education, Auto

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Oct 16, 2020 05:57 pm ·

Alibaba's 'Spring Thunder Plan' Helps Sell 800,000 Agricultural Products

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Oct 16, 2020 05:49 pm ·

JD.com: The Number of PLUS Members Exceeds 20 Million

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Oct 16, 2020 05:45 pm ·

Alibaba: 832 Counties Have Exceeded CNY 310 Billion in Sales in the Past 5 Years

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Oct 15, 2020 11:36 am ·

Suning: Net Profit for the First Three Quarters to be CNY 503-753 Million

EO analysis

China's E-Commerce Giants Announce Record Sales on Singles' Day 2020

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Oct 15, 2020 11:29 am ·

Tmall: Hour-Delivery Service Has Covered 483 Cities Nationwide

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Oct 15, 2020 11:15 am ·

Pinduoduo: Agricultural Products' GMV to Exceed CNY 250 Billion in 2020

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Oct 15, 2020 11:05 am ·

Alibaba International Station: GMV in September Increases by 133% YoY

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Oct 15, 2020 10:52 am ·

Du Haitao, Manager of Tmall's Marketing Division to Leave

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Oct 15, 2020 10:29 am ·

Ele.me: Ten Billion Subsidies Extend to 124 Cities to Fight Against Meituan

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Oct 15, 2020 10:17 am ·

MINISO Sets IPO's Price at USD 20/share, Higher Than the Guidance Range

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Oct 15, 2020 09:54 am ·

Fresh Food Platform Yiguo is Exposed to Bankruptcy and Reorganization

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Oct 15, 2020 09:47 am ·

Meituan: Community Group Buying Unit as a First-Level Strategic Project

Analysts

Yuanpu Huang

Founder of EqualOcean

Linyan Feng

Automotive

Qasim Khan

Education, Auto

EO analysis

China's E-Commerce Giants Announce Record Sales on Singles' Day 2020