360Buy
Jingdong -- known as 360Buy until recently -- is China’s upstart e-commerce giant. While the e-commerce market is still controlled by Alibaba-owned platforms like Taobao and Tmall, Jingdong is its strongest competitor, and the company has been moving fast since its “Jingdong” rebranding to offer better, faster services to its customers. But can it beat the 800 pound gorilla that is Alibaba? Only time will tell.
He escaped poverty to build the $33b JD empire. Will a rape allegation end his rise?
Here’s Richard’s Liu’s story.
Steven Millward · · 7 min read
JD gets online shopping boost from WeChat, sees $10 billion in consumer sales in Q2
JD, China’s second biggest ecommerce company, saw RMB63.0 billion (US$10.2 billion) in consumer sales in Q2 2014, the firm revealed today.
Steven Millward · · 2 min read
Not as big as Alibaba, but upcoming IPO for rival JD could value it at $24.6 billion
JD’s latest update reveals that the ecommerce company is pricing its shares in the US$16 to $18 range, which values the site at up to $24.6 billion once it eventually hits the markets.
Steven Millward · · 2 min read
Will Tencent buy a stake in China’s second-largest e-store? So far, signs point to yes
Amid swirling rumors that Tencent (HKG:0700) is keen to boost its flagging e-commerce operations by taking a stake in the Amazon-esque JD, the Wall Street Journal claims today that Tencent
Steven Millward · · 1 min readChina’s second biggest e-store files for US IPO, aims to raise up to $1.5 billion
After years of speculation, one of China’s top e-stores, JD, has filed to list publicly in the US. According to JD’s filing with the SEC, it’s aiming to raise up
Steven Millward · · 2 min readChinese e-commerce giant JD boosts travel offerings with acquisition of hotel booking app
Chinese e-commerce company JD – the closest rival to Alibaba’s Tmall in China – has acquired a startup company to boost its travel offerings. The deal, for an undisclosed sum,
Steven Millward · · 2 min readBloomberg: Chinese e-commerce retailer Jingdong seeking $2 billion IPO
Beijing-based online retailer Jingdong, previously known as 360Buy, reportedly seeks to raise $2 billion in an IPO in the second half of this year, according to Bloomberg. Bloomberg cited “three people with
Paul Bischoff · · 1 min readChinese e-store Jingdong set to pull in over $16 billion in sales in 2013
Chinese e-store Jingdong is on course to pull in over $16.35 billion in sales revenue in 2013, according to founder and CEO Liu Qiangdong. Speaking to journalists this afternoon, Liu
Steven Millward · · 2 min readAfter Alibaba invests in Sina Weibo, rival Jingdong to ditch Weibo login option
Ah, the sweet’n’sour taste of petty revenge. One of China’s top e-commerce sites, Jingdong, will axe support soon for login via Sina Weibo accounts. The moves comes five months after
Steven Millward · · 2 min readJingdong invests in food delivery service Daojia
Chinese online food ordering platform Daojia announced today the completion of its series C financing, with Morningside Ventures and B2C e-commerce site Jingdong (formerly 360Buy) as the primary investors. In
C. Custer · · 2 min read