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JD.com

TikTok’s Chinese sibling emerges as fast-rising e-commerce player

The short-video platform saw gross merchandise value rise by 46 per cent in the year ended July 2024, an executive says.

The short-video platform saw gross merchandise value rise by 46 per cent in the year ended July 2024, an executive says

11 Sep 2024 - 11:47AM

Alibaba sets up new ‘digital technology’ firm under Taobao and Tmall Group

4 Sep 2024 - 9:00AM

Pinduoduo updates rules to kick out sellers of shoddy products

3 Sep 2024 - 9:30PM

My Take | Beijing’s ‘anti-involution’ stance looks to tame e-commerce sector, price wars

Major online retail platforms are expected to make changes on algorithms, policies and charges that have fanned excessive competition.

3 Sep 2024 - 7:00AM

Amid weakened consumer spending, a property slump and ageing population, competition among e-commerce platforms to woo buyers has become brutal. Photo: Shutterstock

JD.com lures overseas Chinese shoppers with faster shipping

The e-commerce giant promises shipments to US, Japan and Singapore-based customers in as little as five days.

29 Aug 2024 - 7:30PM

Walmart sells JD.com stake for US$3.6 billion, ending relationship since 2016

The deal comes as a property crisis, market volatility and uncertain job prospects take a toll on consumption in mainland China.

21 Aug 2024 - 3:12PM

Meituan enables 30-minute delivery of home appliances with Midea

The food delivery giant is tapping into China’s growing on-demand e-commerce market by offering a wider variety of products.

16 Aug 2024 - 8:00PM

Meituan and Midea have joined forces to offer on-demand delivery services for home appliances. Photo: Shutterstock

JD.com profit surges in second quarter after slashing prices

The e-commerce giant posted a 92% rise in second-quarter earnings, as online retail grew in China.

15 Aug 2024 - 8:27PM

Alibaba’s Tmall waives annual service fee, Taobao relaxes ‘refund only’ policy

Taobao will reward merchants with good track record on the platform more autonomy in handling refund requests from customers.

27 Jul 2024 - 7:00AM

ByteDance-owned Douyin said to miss first-half e-commerce sales target

Douyin’s gross merchandise value growth rate is expected to hit 24 per cent in 2024, a steep decline from the previous two years, according to a Goldman Sachs estimate.

25 Jul 2024 - 8:30PM

Ex-IBM scientist helms Shanghai AI Lab after death of SenseTime’s Tang

Zhou Bowen, former chief scientist of IBM’s Watson Group, has been appointed director at one of China’s top AI research institutions.

5 Jul 2024 - 7:00PM

Zhou Bowen, newly appointed director of the Shanghai AI Lab, speaks at the World AI Conference in Shanghai on Thursday. Photo: Handout

Chinese e-commerce giant JD.com pursues budget-minded consumers

JD.com is said to be taking full control over the operation, logistics and after-sales services of its Jingxi low-price shopping platform.

2 Jul 2024 - 5:00PM

Microsoft closes bricks-and-mortar retail stores in China

Microsoft directed the operators of its authorised bricks-and-mortar stores on the mainland to shut down their shops by June 30.

1 Jul 2024 - 8:30PM

China’s midyear shopping festival ends with Alibaba, JD.com declaring victory

Alibaba and JD.com touted impressive growth trends but declined to reveal total GMV figures for their midyear 618 shopping festival, as competition heats up and consumers grow weary of too many promotions.

19 Jun 2024 - 6:31PM

Workers sort parcels at a logistics company in Huzhou city, Zhejiang province, China, June 18, 2024, as the 618 shopping festival reached its peak. Photo: Xinhua

China’s venture capital ‘godfather’ Neil Shen exits Meituan board

Shen’s departure comes after venture capital firm HongShan had been gradually cutting its stake in Meituan since China’s food delivery services giant debuted in Hong Kong in 2018.

17 Jun 2024 - 8:08PM

Venture capitalist Neil Shen Nanpeng speaks at the Chinese People’s Political Consultative Conference in Beijing on March 7, 2022. Photo: Xinhua

Black Myth: Wukong game a big hit as initial pre-orders 16 times oversubscribed

The action role-playing video game, developed by Tencent-backed Game Science, is set for release on August 20.

12 Jun 2024 - 5:04AMvideocam

Pinduoduo heats up online price war during China’s 618 shopping festival

The budget shopping platform’s new ‘automated price-tracking system’ will enable merchants to swiftly adjust the cost of goods online during the 618 shopping festival.

1 Jun 2024 - 10:00AM

JD.com billionaire founder blasts underperforming employees

Richard Liu lashes out at employees as the Chinese e-commerce giant tries to run a tighter ship amid rising competition and a weak economy.

28 May 2024 - 6:00PM

JD.com founder Richard Liu Qiangdong. Photo: Reuters

Apple slashes prices of iPhone 15 models to new low in China

Mainland online retailers JD.com and Alibaba’s Tmall on Monday started offering deeper discounts on iPhone 15 models.

20 May 2024 - 5:00PM

China’s e-commerce market still has ‘ample room’ for growth: JPMorgan analyst

The mainland’s e-commerce sector achieved a 12 per cent overall growth in the March quarter, according to data from JPMorgan.

17 May 2024 - 7:12PM

JD.com beats estimates as price cuts pay off in first-quarter results

The Beijing-based company reported US$36 billion in first-quarter sales, beating analysts’ estimates.

16 May 2024 - 9:49PM

JD.com’s latest quarterly financial results reflect the expansion of China’s online retail market in the first three months of the year. Photo: SOPA Images/LightRocket via Getty Images

JD.com pledges US$900 million for appliances, consumer goods trade-in programme

About 20 million consumers on the mainland are expected to take part in the nationwide trade-in programme via JD.com’s platform.

15 May 2024 - 8:00PMvideocam

Government authorities in March announced a plan to boost domestic consumption by encouraging consumers to trade in and upgrade their home appliances and vehicles. Photo: Shutterstock

Softbank posts second quarter of profit as AI boom lifts Arm shares

The Tokyo-based company earned a better-than-expected net income in the March quarter, helped by investment gains.

13 May 2024 - 5:00PM

Alibaba’s flagship shopping site starts biggest revamp in 7 years

The e-commerce giant is rolling out the major overhaul ahead of China’s second-largest annual shopping extravaganza, the 618 sales event.

7 May 2024 - 10:00AM

JD.com founder’s avatar debuts as host of live-streaming sessions in AI push

Richard Liu Qiangdong’s avatar is expected to host more live-streaming shows in the future, as JD.com touted that its AI-powered virtual streamers cover more than 4,000 brands.

17 Apr 2024 - 7:01AMvideocam

Alibaba reorients business, rejigs overhaul after catalogue of mistakes

Alibaba scales back an ambitious business overhaul plan and bids farewell to a turbulent year, as its founders call on employees to embrace changes.

17 Apr 2024 - 5:27PM

Alibaba recalibrates after a year of changes. Illustration: Henry Wong

JD.com offers US$138 million in cash incentives to boost video content

Chinese e-commerce giant JD.com said it will offer US$138 million in cash incentives to drive video content on its platform, as live-stream shopping becomes mainstream in the Chinese market.

10 Apr 2024 - 7:30PM

Lenovo targets US$16 billion in sales of AI-powered devices via partner JD.com

Lenovo and JD.com have renewed their partnership with a mission to drive sales of new AI-powered devices, including enterprise servers, in the world’s second-largest economy.

8 Apr 2024 - 5:35PM

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JD.com

Founded by Richard Liu Qiangdong in 1998, JD.com’s business-to-consumer (B2C) e-commerce platform has become China’s second largest online B2C retailers, specialising in electronics, smartphones, and gadgets. JD.com is a key rival of Alibaba’s e-commerce platforms Tmall and Taobao.

last updated:

21 August, 2024