JD.com
Chinese e-commerce company / From Wikipedia, the free encyclopedia
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JD.com, Inc., also known as Jingdong (Chinese: 京东; pinyin: Jīngdōng), formerly called 360buy,[4] is a Chinese e-commerce company headquartered in Beijing. It is one of the two massive B2C online retailers in China by transaction volume and revenue, and is a major competitor to Alibaba-run Tmall.[5] With revenues more than US152.8 billion in 2023, JD.com is China’s largest retailer by revenue, and ranks 52 on Fortune Global 500. JD.com’s portfolio spans across retail, technology, logistics, health care, industrials, property management, private label, insurance, and international business.[1][6]
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Formerly | 360Buy |
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Company type | Public |
Industry | E-commerce Artificial intelligence Robotics Autonomous car |
Founded | 6 June 1998; 26 years ago (1998-06-06) |
Founder | Liu Qiangdong |
Headquarters | Beijing, China |
Area served | Brazil, Cambodia, Chile, China, Denmark, Ecuador, Finland, Indonesia, Laos, Norway, Peru, Sweden, Switzerland, The Netherlands |
Services | Online shopping |
Revenue | ![]() |
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Total assets | ![]() |
Total equity | ![]() |
Owner | Liu Qiangdong (15.8%)[3] Walmart (10.1%) Tencent (2.3%) |
Number of employees | 310,000 (Dec 2020)[2] |
Website | corporate |
The company was founded by Liu Qiangdong on 18 June 1998, and its retail platform went online in 2004. It started as an online magneto-optical store, but soon diversified, selling electronics, mobile phones, computers, and similar items. The company changed its domain name to 360buy.com in June 2007 and then to JD.com in 2013. The latter purchase is understood to have cost $5,000,000.[7] At the same time, JD.com announced its new logo and mascot. It is partly owned by Tencent, which has a 15% stake in the company.[8]
JD.com has invested in high tech and AI delivery through drones,[9] autonomous technology and robots, and possesses the largest drone delivery system, infrastructure and capability in the world. It has recently started testing robotic delivery services and building drone delivery airports, as well as operating driverless delivery by unveiling its first autonomous truck.[10][11][12][13][14][15][16][17]