Tag: fortune 500

JD.com Ranks 59th in 2021 Fortune 500
Tech

JD.com Ranks 59th in 2021 Fortune 500

For the first time JD.com has been ranked in the Top 100 of the latest Fortune Global 500 released on August 2, 2021. The company was rising 43 places in one year. JD’s recent development is recognized on Fortune’s website as the company profile describes: “With nearly 500 million customers, JD.com’s revenue soared 40% to $32 billion in the first quarter of 2021, compared with the previous year, buoyed by resurgent demand from Chinese customers emerging from the pandemic and new partnerships with popular brands like Starbucks and sports retailer Decathlon.” JD’s recent IPOs were also highlighted. “The might of the JD.com empire was also on display in the IPOs of the company’s spinoffs. In December 2020, JD Health raised $3.5 billion in its debut on the Hong Kong exchange. ...