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Category: JD.com

Walmart brings its partnership with JD.com into the food business

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Walmart is bringing its partnership with JD.com into its grocery business. The Chinese physical store will stock products that customers can also buy through its Walmart’s virtual storefront on the Chinese electronic marketplace, JD.com, according to a report in Reuters. Walmart first partnered with JD.com two years ago as both companies struggled to overcome the […]

Alibaba rival JD.com posts first annual profit as a public company

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You might hear e-commerce in China and assume ‘Alibaba,’ but another company is making progress to challenge that assumption. JD.com, the nearest e-commerce competitor to Alibaba in China, has reported its first year of profitability as a public company. The Beijing-headquartered company was founded in 1998 and it went public on the Nasdaq nearly four years ago. For […]

JD.com’s new accelerator focuses on blockchain startups

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JD.com, one of China’s largest e-commerce companies, is launching a new Beijing-based accelerator program for artificial intelligence and blockchain startups. Called AI Catapult, its first batch includes six companies: Bankorus, CanYa, Bluezelle, Nuggets, Republic Protocol and Devery. In an announcement, JD.com said startups will work with its operational teams to “test real-world applications of their […]

JD.com leads investment in Vietnam-based e-commerce service Tiki

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JD.com, the Chinese e-commerce firm that rivals Alibaba, has continued its expansion in Southeast Asia with an investment in Vietnam-based Tiki, a seven-year-old online retail service. JD.com is leading a Series C investment round in Tiki alongside VNG, the Vietnam-based online media and gaming company that is already an investor. The round itself is undisclosed, but […]

Tencent and JD.com invest $863M into e-commerce firm Vipshop to battle Alibaba

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Tencent, the internet giant that recently became Asia’s first $500 billion company, is continuing its investment spree after it agreed to buy $604 million in shares of Chinese online retailer Vipshop. The deal is being made with long-time partner JD.com, which will invest $259 million into Vipshop, which is listed on the New York Stock Exchange. That […]

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