Type of business | Public |
---|---|
Type of site
|
E-commerce |
Traded as |
NASDAQ: JD NASDAQ-100 Component |
Headquarters | Beijing, China |
Founder(s) | Liu Qiangdong |
Industry | Internet, Online retailing |
Revenue | CNY 260.2 billion (2016) |
Employees | 122,405 (Mar 31, 2017) |
Website | www |
Alexa rank | 20 (August 2017[update]) |
Advertising | Web banner |
Launched | 1998 |
JD.com, Inc. (Chinese: ; pinyin: Jīngdōng Shāngchéng), also known as Jingdong and formerly called 360buy, is a Chinese e-commerce company headquartered in Beijing. (The holding company of the group was incorporated in Cayman Islands) It is one of the two largest B2C online retailers in China by transaction volume and revenue, a member of the Fortune Global 500 and a major competitor to Alibaba-run Tmall. As of September 2017, it has 258.3 million monthly active users.
The company was founded by Liu Qiangdong in July 1998, and its B2C platform went online in 2004. It started as an online magneto-optical store, but soon diversified, selling electronics, mobile phones, computers, etc. Jingdong Mall changed the domain name to 360buy.com in June 2007, and to JD.com in 2013. At the same time, JD.com announced its new logo and mascot.
JD.com is the world's leading company in high tech and AI delivery through drones, autonomous technology and robots, and possesses the largest drone delivery system, infrastructure and capability in the world. It has recently started testing robotic delivery services and building drone delivery airports, as well as operating driverless delivery by unveiling its first autonomous truck.
In September 2017, JD.com has entered a cooperation with Alibaba to further develop China's parcel delivery efficiency, investing US$330 million into its Chinese merchandisers and logistics partners to build more facilities for delivery purposes.