JD.com

JD.com, also known as Jingdong Mall, is a Chinese e-commerce company headquartered in Beijing, China. Founded in 1998 and is one of the largest online and offline retail companies in China. JD.com offers a wide range of products including electronics, home appliances, clothing, and groceries.

JD.com, Inc. provides supply chain-based technologies and services in the People's Republic of China. The company offers computers, communication, and consumer electronics products, as well as home appliances; and general merchandise products comprising food, beverage and fresh produce, baby and maternity products, furniture and household goods, cosmetics and other personal care items, pharmaceutical and healthcare products, books, automobile accessories, apparel and footwear, bags, and jewellery. 

It also provides online marketplace services for third-party merchants; marketing services; omnichannel solutions to customers and offline retailers, as well as online healthcare services. In addition, the company develops, owns, and manages its logistics facilities and other real estate properties to support third parties; and provides asset management services for logistics property investors. 

Further, it provides integrated data, technology, business, and user management industry solutions to support the digitization of enterprises and institutions. The company was formerly known as 360buy Jingdong Inc. and changed its name to JD.com, Inc. in January 2014. JD.com, Inc. was incorporated in 2006 and is headquartered in Beijing, the People's Republic of China.

The company was founded in 1998 as Jingdong Century Trading Co., Ltd selling magneto-optical in Beijing, China. In 2004, the company's B2C site went online as jdlaser.com, starting their internet operations and competing directly with others firms like Alibaba The Shanghai subsidiary was established in 2006, while the Guangzhou subsidiary was established in 2007. The company began using the domain name 360buy.com, and the name was changed to Jingdong Mall in June 2007. 

In 2010, 360buy.com started an online bookstore. CDs, DVDs, and ebooks were added in the following months. The following year, 360buy.com launched a platform named “POP” for brand owners. en.360buy.com was launched for the international market in October 2012. In 2013, the company's domain name was changed to JD.com.Tencent acquired a 15% stake in JD.com in 2014 by paying cash and handing over its e-commerce businesses Paipai & QQ Wanggou plus a stake in Yixun to JD.com, in order to build a stronger competitor to Alibaba Group Holding Ltd. That same year, a subsidiary's lawsuit against JD.com was accepted by the court.

In 2015, JD.com launched its Russian site aimed to expand its business globally. Walmart sold its Chinese e-Commerce business Yihaodian to JD.com in 2016 in exchange for a 5.9% equity stake valued at $1.5 billion. In October, Walmart filed 13G, revealing it nearly doubled its stake in JD.com to 10.9% In February 2017, Walmart increased investment in JD.com to 289.1 million shares or 12.1%. In April, JD.com participated in the Salone del Mobile, featuring the installation Matrix, at the Università Statale of Milan. JD.com invested $397 million into Farfetch, a marketplace for luxury brands, in June as part of a new strategic partnership. JD.com and Walmart launch the first annual JD-Walmart August 8 shopping festival in July. JD.com also committed to further developing China's parcel delivery efficiency, investing US$101 million to subsidize merchants on JD.com for warehousing and distribution costs, for the upcoming 2017 Singles' Day. 

In November, JD.com achieved a sales record of US$19.1 billion.JD.com opened its first chain of high-tech supermarkets 7Fresh in January 2018. That same month, JD.com invested in Vietnam's online retail service tiki.vn for $50 million. In February, JD.com invested in France & the Uk, and also released its spin-off JD Finance, raising $2.1 billion in a capital raise. Metcash partnered with JD.Com in May to sell groceries in China.JD.com acquired Jade Palace Hotel in Beijing for US$400M in 2019. The company also partnered with Jiangsu Xinning Modern Logistics in order to automate its logistic services. In November, JD.com removed all items related to Houston Rockets in response to the organization's general manager posting a tweet about Hong Kong. In April 2020, the company confidentially files for a second listing in Hong Kong. In August,

the company reported net profits of $2.3 billion for the Q2 of 2020, and it reached a customer base of 417 million users. JD.com also announced that would be investing $830 million in its JD Health unit provided by private equity firm Hillhouse Capital. In October, Ping An Bank partnered with JDD to launch a joint credit card. In January 2022, JD.com partnered with Shopify to begin selling Shopify's brands via its cross-border e-commerce site in China.

“JD.com sets the standard for online shopping through its commitment to quality, authenticity, and its vast product offering covering everything from fresh food and apparel to electronics and cosmetics.”

“Jingdong Mall's vision is to become the world's leading e-commerce platform, providing customers with a comprehensive, convenient and seamless shopping experience.”