Beijing Jingdong Sanbailu Shidu E-commerce Co., Ltd., a national self-operated e-commerce giant, a comprehensive B2C shopping platform commonly used by netizens, is well-known for its fast delivery speed/authenticity guarantee
JD.com officially set foot in the field of e-commerce in 2004. In 2015, JD.com's market transaction volume reached 462.7 billion yuan, and its net income reached 181.3 billion yuan, with an annual transaction volume of 78% year-on-year, and the growth rate was twice the average growth rate of the industry*. JD.com was listed in the 2016 Fortune Global 500, becoming the first and only Internet company in China to be selected, and also the largest Internet company in China in terms of revenue. As of December 31, 2015, JD.com had nearly 110,000 full-time employees, and its business involved in three major areas: e-commerce, finance and technology.
In May 2014, JD.com Group was officially listed on the NASDAQ stock exchange in the United States, which is China's first large-scale integrated e-commerce platform successfully listed in the United States, and successfully ranked among the top ten Internet companies in the world, and in July 2015, JD.com was selected into the NASDAQ 100 index and the NASDAQ 100 average weighted index with high growth.
Jingdong Mall
JD.com has grown to become the largest self-operated e-commerce company in China, with a market share of 56.9%* in China's self-operated B2C e-commerce market in the third quarter of 2015. JD.com is committed to providing consumers with a pleasant online shopping experience, and since its establishment in 2004, it has adhered to the concept of "authentic licensed goods" and has zero tolerance for fakes; Six quality control measures are taken to ensure authentic products, a large number of brands are directly supplied, and fakes are eliminated from the source. Through a content-rich and user-friendly website and mobile client, JD Mall provides a wide range of goods and services with excellent quality at competitive prices, delivers them to consumers in a fast and reliable manner, and provides flexible and diverse payment methods. Jingdong Mall is committed to building a one-stop comprehensive shopping platform to serve hundreds of millions of families in China, with six major departments: 3C Division, Home Appliance Division, Consumer Goods Division, Apparel and Home Furnishing Division, Fresh Food Division and New Channel Division, covering the diverse needs of users. At the same time, JD Mall also provides a series of value-added services such as online sales platform and logistics for third-party sellers.
JD.com has the largest logistics infrastructure in China's e-commerce sector; Through the improvement of the layout, JD.com will become the only e-commerce company in the world with integrated logistics facilities for small and medium-sized items, large items, refrigerated and frozen warehousing and distribution. As of March 31, 2016, JD.com had 7 major logistics centers nationwide, operated 209 large warehouses, and had 5,987 distribution stations and pick-up points, covering 2,493 districts and counties nationwide, with storage facilities covering an area of about 4.3 million square meters. JD.com's professional delivery team can provide consumers with a series of professional services, such as: 211 time-limited delivery, next-day delivery, night distribution and 2-hour express delivery, GIS parcel real-time tracking, after-sales 100 points, fast return and home appliance installation and other services, to ensure that users enjoy excellent, comprehensive logistics and distribution and a complete "end-to-end" shopping experience. JD Intelligent Logistics continues to innovate, and the "Asia No. 1" modern logistics center is one of the largest and most advanced e-commerce logistics centers in China today, with 6 "Asia No. 1" currently in use; JD Logistics Lab began testing drone delivery to speed up rural e-commerce delivery.
In March 2014, JD.com and Tencent reached a strategic cooperation to comprehensively promote the development of the new model of mobile social e-commerce, and become an active explorer and practitioner of global mobile social networking. At present, Jingdong has formed a complete mobile shopping layout composed of mobile client, WeChat shopping and mobile QQ shopping. In the first quarter of 2016, mobile channels accounted for about 72.4% of total orders completed, up more than 160% year-on-year.
In 2015, JD.com accelerated the sinking of channels, vigorously developed rural e-commerce, and promoted the 3F strategy, namely the strategy of industrial products into the countryside (Factory to Country), rural finance strategy (Finance to Country) and fresh e-commerce strategy (Farm to Table), which has achieved initial results. As of April 22, 2016, JD.com has opened about 1,400 "county-level service centers" and nearly 1,400 "JD.com service stores"; It has about 200,000 rural promoters, serving 200,000 administrative villages; There are more than 700 specialty stores in the local specialty hall, and more than 200 agriculture-related enterprises in Jingdong's agricultural e-commerce; There are 65 authorized Jingdong agricultural material service centers, more than 57,000 rural white strip promoters, and 12,000 rural white strip farmers.
JD arrives at home
JD Daojia officially operated independently in March 2015, which is an O2O life service platform that JD Group focused on building in 2015, and is an important upgrade to the high-frequency field based on the traditional B2C model. In April 2016, JD Daojia merged with Dada, China's largest crowdsourcing logistics platform, to form a new company. By integrating the crowdsourcing logistics systems of both companies, the new company will provide retailers, service providers and O2O companies in China with low-cost logistics services and improve efficiency. The logistics business will continue to use the "Dada" brand. The O2O supermarket platform will continue to use the "JD Daojia" brand, focus on positioning in the field of mobile e-commerce, and create a convenient and high-quality shopping experience through cooperation with offline supermarkets and convenience stores.
Cross-border e-commerce
JD.com has formulated a detailed development plan for cross-border import and export business to accelerate the process of internationalization in an all-round way.
In terms of import business, the "JD Worldwide" platform was established. At present, the national pavilions that have been opened include "European Pavilion", "Korean Pavilion", "Japan Pavilion", "Australia Pavilion", "United States Pavilion", "Canada Pavilion" and "New Zealand Pavilion". Regional pavilions have been opened, including the "Taiwan Pavilion" and the "Hong Kong Pavilion", allowing Chinese consumers to enjoy high-quality products from all over the world without leaving home.
In terms of export business, JD.com's multilingual global cross-border trade platform en.jd.com is committed to meeting the needs of global users, based on the global supply chain, and driving a large number of "good Chinese goods" and "good Chinese merchants" to go out with the "global localization" model. At present, it has been deployed in Russia and Indonesia.
JD Finance
JD Financial Group began to operate independently in October 2013 and is positioned as a financial technology company. Relying on the transaction record data and credit system accumulated by the JD ecological platform, JD Finance provides various financial services such as financing loans, wealth management, payment, and crowdfunding to all levels of society. Consolidate the foundation of the financial portal, and rely on the JD Zhongchuang ecosystem to provide one-stop services for entrepreneurs and innovators in the whole industry chain.
JD Finance has established seven business segments, namely supply chain finance, consumer finance, crowdfunding, wealth management, payment, insurance, and securities. JD Finance APP provides users with a "one-stop financial life mobile platform", covering the current financial products of wealth management and consumption.
On January 16, 2016, JD Finance signed a binding capital increase agreement led by Sequoia Capital China, Harvest Investment and China Taiping, raising RMB 6.65 billion. The post-transaction valuation of JD Finance in this round of financing is 46.65 billion yuan.
JD Technology
JD.com is a dual-oriented business and technology-oriented company, and since its establishment, it has invested a lot of resources to develop its own technology platform that is perfect and reliable, can be continuously upgraded, and focuses on e-commerce application services.
The value of technology to JD.com can be summarized in two aspects: business guarantee and technological breakthrough. Business guarantee includes basic guarantee, platform guarantee and security guarantee, which can support JD.com's high-speed and smooth operation and cope with the pressure of massive orders from e-commerce promotions such as 618 and Double 11. On the basis of completing business guarantees, technological breakthroughs will bring higher operational efficiency and more business opportunities to JD.com. At present, a considerable proportion of JD's technological breakthroughs are generated from big data, for example, big data can help us make the user experience better, the operation efficiency higher, and complete personalized recommendation search, automatic replenishment, automatic pricing and other applications; At the same time, JD Cloud will become the core of JD's external technology and solution services while completing the comprehensive JD business operation support, and JD will fully export its own technology, resources and experience to help the government and industry users quickly embark on the "Internet" process.
National Enterprise
JD.com is committed to becoming a company that creates the greatest value for society. After 13 years of hard work, JD.com has made breakthroughs and innovations again and again in the business field and has achieved leapfrog development. At the same time, JD.com has not forgotten its original intention, actively fulfilled its corporate social responsibility, and continuously contributed to society in terms of employment, tax payment, and globalization. In 2015, Jingdong proposed to become a real "national enterprise", and with this as its long-term goal, it strives to build Jingdong into a great enterprise that Chinese people are proud of.
