A Chinese e-commerce company that operates one of the largest online retail platforms in China, with its own nationwide logistics network.
Origins
JD.com was founded in 1998 by Richard Liu Qiangdong as Jingdong, originally a brick-and-mortar magneto-optical store in Beijing’s Zhongguancun. In 2004 the company launched its online retail platform after SARS hurt physical sales.
Products
JD.com sells electronics, household goods, clothing, food, and many other categories through its online marketplace, with a focus on authentic goods and fast self-operated delivery. JD Logistics provides nationwide warehousing and shipping.
Operations
Headquartered in Beijing, China. JD.com is listed on both NASDAQ and the Hong Kong Stock Exchange. Walmart and Tencent have held significant stakes in the company.
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