Tag: jdcom

JD Health Launches Telehealth services for Pets
Life Services

JD Health Launches Telehealth services for Pets

JD Health is extending its telehealth services from human to pets. A joint announcement by JD Health and JD Pet was made in Beijing on Oct. 8, to launch a O2O healthcare service platform called “JD Pet Hospital,” which covers the entire lifetime of pets from disease prevention and diagnosis to comprehensive health management. Over 3,000 veterinarians have registered on JD Pet Hospital. The Vetenarians will provide 24/7 online pet health consultation services through text, images and video calls. The hospital now contains 7 departments, and mainly focuses on cats, dogs and some other common pet animals.  Services include medical advice, medicine prescription and ordering, physical examination report analysis and more. “JD Health is committed to improving the quality of telemedicine s...
JD Logistics launches smart logistics park in Xinjiang
Logistics

JD Logistics launches smart logistics park in Xinjiang

JD Logistics launched a smart logistics park, JD Urumqi Asia No.1, in Urumqi, Xinjiang on Sep. 29. With an area of nearly 100,000 square meters, it is the autonomous region’s first and largest smart logistics park. The park is estimated to process as many as 1.2 million items daily. This is the 39th smart logistics park run by JD nationwide. Adopting automation and robotics, the logistics park will enable 80% of JD’s orders in Urumqi to be fulfilled within 24 hours, and overall orders in Xinjiang to be fulfilled within two days. That is a huge improvement for local consumers, who used to waiting up to a week for online orders to arrive. The logistics park stocks products including food, electronics, home appliances, apparel and more. Jd Logistics new Logistics Park in Urumqi, X...
JD Launches China-UK Cargo Charter Flight
Logistics, Tech

JD Launches China-UK Cargo Charter Flight

JD launched an all-cargo charter flight between China and the UK on September 8, the e-commerce giant’s first regular cargo flight to Europe. The route further expands JD’s international transportation logistics network, in addition to the cargo flights to the U.S. and Thailand launched earlier this year. “We are committed to leveraging JD’s global supply chain, logistics and other infrastructure services to help boost the development of cross-border e-commerce and trade around the globe,” said Stard Huang, president of JD’s international logistics division. “We will also take the launch of this charter route as the opportunity to continuously upgrade our global logistics layout.” The route between Hefei Xinqiao International Airport in Anhui province and Heathrow Airport in London ...
JD.com Partner Dada Group Revenue up 81% YOY
Tech

JD.com Partner Dada Group Revenue up 81% YOY

Dada just announced its Q2 earnings and owners of Dada should be happy to see the following results: The full Dada Q2 earnings release can be found here. Second Quarter 2021 Highlights Total net revenues were RMB1,474.6 million, an increase of 11.5% year over year. Aligning the revenue of Dada Now last-mile delivery services to a comparable basis, revenue growth would have been 81.3% year over year1.Total Gross Merchandise Volume (“GMV”) of JDDJ for the twelve months ended June 30, 2021 was RMB32.3 billion, an increase of 76.7% year over year from RMB18.3 billion in the same period ended June 30, 2020.Number of active consumers for the twelve months ended June 30, 2021 was 51.3 million, as compared with 32.3 million in the same period ended June 30, 2020. “Dada has lo...
JD.Com appoints Lei Xu as president
Tech

JD.Com appoints Lei Xu as president

Just in today: Management change at JD.com : Mr. Xu Lei has been appointed as the President of JD.com, Mr. Xin Lijun has been appointed as the CEO of JD Retail and Mr. Jin Enlin has been appointed as the CEO of JD Health Co #BREAKING #JD.Com appoints Lei Xu as president and names Lijun Xin JD retail CEO, Enlin Jin JD Health CEO.Liu Qiangdong, chairman and CEO of JD Group, says JD will devote more time to long-term strategic design, young talent development and rural revitalization.#China $JD pic.twitter.com/urUIe4Ncyt— CN Wire (@Sino_Market) September 6, 2021
JD.com Takes Equity Stake Duty-Free Retailer Lagardère
Ecommerce, Retail

JD.com Takes Equity Stake Duty-Free Retailer Lagardère

Chinese e-commerce giant, JD.com is expanding in the travel-retail channel by taking a shareholding in the North Asia business of Paris-based global duty-free operator Lagardère Travel Retail. The Company is part of France’s Lagardère Group. JD.com and state-owned fund China Jianyin Investment (JIC) are jointly investing $112 million to take respective shares of 18.6% and 3.7% in the North Asia division. The Company generated revenue of $176 million in 2020 from travel shopping and duty-free activities in Mainland China, Hong Kong and Japan. The deal is expected to close next month. Late last year, JD.com’s rival Alibaba Group took a stake in the world’s biggest airport retailer Dufry, with plans to jointly target the travel-retail business in China which is booming. Now it was JD’s...
JD Property Group offered to buy a 26% stake in China Logistics
Logistics

JD Property Group offered to buy a 26% stake in China Logistics

Chinese e-commerce giant JD.com's real estate unit has made a HK$3.99 billion ($513.45 million) offer to buy a controlling stake in storage facilities manager China Logistics Property Holdings, the companies said in a joint exchange filing on Friday. JD Property Group offered to buy a 26.38% stake in China Logistics for HK$4.35 per share from its top shareholder, Yupei International Investment Management. That would take JD.com's stake in China Logistics to about 35.8%, making it mandatory under the Hong Kong takeover code for the e-commerce giant to make a general offer for the whole company. The offer price of HK$4.35 apiece represents a 7.4% premium to China Logistics' last close of HK$4.05 on Wednesday. China Logistics shares were halted on Thursday, pending the announceme...
JD.com beats Q2 expectations
Tech

JD.com beats Q2 expectations

JD just reported it's earnings for Q2 and shareholders should be happy: Jd.com Inc ADR (JD) reported 2nd Quarter June 2021 earnings of $0.45 per share. The consensus earnings estimate was $0.41 per share on revenue of $249.7 billion. JDcom Q2 2021 Earnings Revenue is up 26.2% year over year. Here are JD's Second Quarter 2021 Highlights: Net revenues for the second quarter of 2021 were RMB253.8 billion (US$139.3 billion), an increase of 26.2% from the second quarter of 2020. Net service revenues for the second quarter of 2021 were RMB34.1 billion (US$5.3 billion), an increase of 49.2% from the second quarter of 2020. Income from operations for the second quarter of 2021 was RMB300.8 million (US$46.6 million), compared to RMB5.0 billion for the same period last year. Non-G...
JD Pet adding new 24/7 service for Veterinarian  consultation
Life Services, Tech

JD Pet adding new 24/7 service for Veterinarian consultation

Jdcom just added another service to their lineup. JD Pet will offer 24/7 online consultation services through videos, pictures and texts on JD.com. The service started on Aug 18. Pet owners can access the service by clicking “Ask the Veterinarian for Free” on some of the product details pages. They can enjoy up to 30-minute online consultation services provided by professional and practicing veterinarians via videos, pictures and texts. JD Pet is the first platform to offer video consultation services in the Chinese pet industry. At present, China’s pet industry has entered a stable and mature period of growth, and the market size in 2020 is close to RMB 300 billion yuan. Affected by the epidemic, more and more people will have their own pets, and the industry is expected to be ...
Victoria’s Secret Opens Flagship Store on Chinese e-commerce Site JD.com
Ecommerce

Victoria’s Secret Opens Flagship Store on Chinese e-commerce Site JD.com

Victoria’s Secret, famous for its intimate apparel, announced the launch of an official flagship store on JD.com on Aug 8. The company is planning to bring its classic bras, panties, lingerie and T-shirts to JD.com’s consumers. With the coming of Chinese Valentine’s Day (“Qixi”, which falls on August 14, 2021), many Chinese consumers would like to select gifts for their loved ones. JD.com has become an important platform for Chinese consumers to buy gifts because of its guarantee of authenticity, fast delivery and premium services. Victoria’s Secret launched the store before the annual Chinese Valentine’s Day, as the brand placed great value on JD’s platform advantages during festivals, its suitability for gifting and its vast base of consumers with strong consumption power. Meanwhi...