JD.com news

JD.com is pondering investment options in Hong Kong, with plans for unstaffed stores and other innovations. Innovations in HK The retailer has been investing heavily in partnerships , especially with brick-and-mortar retailers, to accelerate its offline presence and bolster its O2O strategy. Now, JD.com is planning to bring drone delivery services and unstaffed stores to Hong Kong. J...

Chinese ecommerce giant JD.com has opened its second 7Fresh supermarket  in northern Beijing, and plans to open 1,000 more. The 7Fresh concept The 7Fresh concept focuses on fresh goods including produce, meat, seafood, bakery goods, ready-to-eat packaged food and cooked-to-order foods. The supermarket also aims to integrate JD’s technical expertise to improve its offering and customer exper...

For the full year of 2017, JD.com has reported net revenues of CNY362.3 bn (US$55.7 bn), representing a 40.3% increase from the full year of 2016. Net revenues from online direct sales increased by 39.5%. Other key figures Annual active customer accounts increased by 29.1% to 292.5 million in the twelve months ended December 31, 2017 from 226.6 million in the twelve months ended December...

Like its fierce rival Alibaba, JD.com has been moving into the offline space through partnerships and acquisitions to bolster its O2O strategy. The retailer's latest deal is collaboration with FamilyMart China, offering online purchase and delivery services from over 200 FamilyMart stores. Expanding physical presence JD’s new deal allows consumers to order products through its O2O grocery a...

JD.com and Tencent have again teamed up to purchase a stake in Chinese retail chain Better Life, extending their offline retail presence in China. The deal Tencent, which operates China’s most popular social media platform, WeChat, is buying a 6% stake in Shenzhen-listed Better Life Commercial Chain Share Co. for CNY887m (US$140m). Meanwhile, JD.com, China’s second-largest e-commerce compan...

JD.com, China’s leading online retailer, has announced plans to sell £2bn of UK goods to Chinese consumers in the next two-to-three years. Special campaigns to promote UK brands The number of UK brands on JD has doubled over the last two years, with sales in 2017 growing 100% year-on-year. In order to promote even greater sales of British goods, JD will launch special campaigns for seasonal...

JD.com has launched its offline supermarket, 7Fresh, utilising smart logistics technology similar to Alibaba's Hema Fresh New Retail concept stores. The new 7Fresh store, located at the Dazu Plaza Shopping Center in Beijing, operates 4,000 square meters retail space and is near JD.com's headquarters in Yizhuang District. Fresh produce available across different categories JD.com's 7Fre...

Online giant JD.com is set to launch a chain of hundreds of unmanned convenience stores across China. Highly automated in-store environment The online marketplace has been testing an unmanned stores at its head office in Beijing and is set to push the initiative out to the mass market. The stores will use camera tracking technology in order to monitor activity and tailor product choice to c...

Chinese tech giant Tencent Holding Ltd, rival of Alibaba Group,  plans to buy a 5 per cent stake in Yonghui Superstores, making a push into bricks and mortar retail. The investment The investment will be made through Tencent affiliate Linzhi Tencent Technology, will see the firm take a minority 5% stake of Yonghui Superstores and a 15 percent stake in Yonghui’s supply chain and logistics su...

Vietnamese ecommerce retailer Tiki.vn has raised US$44m from JD.com, making it one of the largest investments in the country's ecommerce startup. Funding helps Tiki to grow Tiki stocks more than 300,000 products in 12 categories. It was founded in 2010 and sold only books in its early years, but has now expanded to include baby products, electronic appliances, health and beauty categories a...