JD.COM news and archive

JD.com no longer sure about plans to open European office

JD.com is apparently making a U-turn in its plans to expand to the European market. Six months after Founder and CEO Richard Liu told German newspaper Handelsblatt that the company was soon to open an office in the country, a spokesperson for the Chinese e-commerce giant told the same publication that, actually, a decision hasn’t been made yet...

Fashion

JD.com buys back shares following CEO controversy

JD.com will buy back 1 billion dollars worth of its shares. While the Chinese e-commerce giant’s plans are partly due to concerns of China’s economy, this comes just after charges against the company’s CEO have been dropped. CEO Richard Liu will not be charged with sexual assault, following an investigation in Minneapolis. Liu had been arrested...

Fashion Featured

Chinese stores remove Dolce & Gabbana’s products, founders release apology video

Dolce & Gabbana’s image crisis in China is far from over. A series of retailers, including JD.com, Tmall, Y-closet, Secoo and Net-a-Porter, have taken down all Dolce & Gabbana’s products from their platforms, according to local news platform Sina. Andrew Keith, president of luxury department store Lane Crawford, is quoted by the South China...

Retail

Aquascutum launching store on JD.com

The British heritage brand opens an official flagship store on China’s largest e-commerce retailer, JD.com. The opening is coupled with Black Friday, offering steep discounts of up to 60 percent off. Known for its iconic trench coats, Aquascutum will be offering their signature styles and a selection of merchandise on the new JD.com store. “We...

Report

JD.com Q3 net revenues jump 25 percent

JD.com, Inc., China’s e-commerce company and retail infrastructure service provider, reported net revenues for the third quarter of 104.8 billion Chinese yuan (215.3 billion dollars), an increase of 25.1 percent from the third quarter of 2017, while the company’s net service revenues were 10.9 billion Chinese yuan (1.6 billion dollars), an...

Schools

JD.com launches blockchain lab with US and Chinese researchers

JD.com, one of China’s biggest online retailers, has launched a blockchain research lab to solve the restrictions that still restrict the wider usage of the technology. Established jointly with the Ying Wu College of Computing at the New Jersey Institute of Technology and the Institute of Software at the Chinese Academy of Sciences, the research...

Retail

JD. com launches new e-commerce platform in Thailand

China’s e-commerce giant JD. com has expanded to Thailand by partnering up with local retailer Central Group. The duo launched e-commerce platform JD Central on September 28, after three months of test operations, a period in which sales have “exceeded expectations” -- according to a company statement. Offering both direct sales and marketplace...

Fashion

BFC extends partnership with JD.com

The British Fashion Council announced on the final day of London Fashion Week spring/summer 2019 that it was extending its partnership with JD.com, China’s largest retailer with over 300 million customers, who will continue to support the BFC/Vogue Designer Fashion Fund into 2019. JD.com came on as sponsors of the BFC/Vogue Designer Fashion Fund...

News

BFC extends partnership with JD.com

Business

JD.com signs “boundaryless retail” tech deal with Ruyi

JD.com, China’s largest retailer, has confirmed that it has signed a strategic agreement to provide e-commerce technology to Ruyi, the owner of global fashion brands including Aquascutum, Cerruti 1881, Sandro and Maje. In a press statement, JD stated that it will deploy its full suite of “boundaryless retail” technology, including smart...

People

JD.com founder's US arrest stemmed from rape accusation: WSJ

Tech billionaire and JD.com founder Richard Liu's arrest last week in the US stemmed from a rape accusation, the Wall Street Journal reported Tuesday night. Liu was released without being charged after his arrest on Friday and has returned to China. JD.com, the company which Liu founded in 1998, is an e-commerce juggernaut in China and the main...

People

Update: Tech billionaire returns to China after US arrest

Tech billionaire and JD.com founder R.L. has returned to China, the company said Monday, following a brief arrest in the US over allegations of criminal sexual conduct. "He has been released without any charges and without requirement for bail," a spokeswoman for the company said in a statement. "R.L. has returned to work in China." JD.com, the...