JD.com news

18 April 2018
JD.com has made a bold statement that the company is going to open 1,000 convenience stores a day by the end of this year, mainly through franchise. It has also formed a partnership with CR Vanguard.  Ambitious plan to open new stores JD opened its first batch of 1,111 stores in November last year, and has been opening about 1,000 stores every week so far. It plans to open a million conveni...
03 April 2018
Walmart has debuted its first small-format supermarket in the southern city of Shenzhen. Smaller store with optimised assortment The size of the store is about 1,200 sq m, around 10 percent the size of a regular Walmart Hypermarket, made to better accommodate shoppers in residential areas. The store stocks more than 8,000 items. Roughly 90 percent of items offered for sale in the store wil...
15 March 2018
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...
12 March 2018
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...
06 March 2018
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...
28 February 2018
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...
26 February 2018
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...
05 February 2018
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...
03 January 2018
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...
18 December 2017
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...