JD.com

JDDJ at CIFTIS: On-demand retail in action to assist real economy and boost consumption

Retrieved on: 
Monday, September 5, 2022

"On-demand retail is the new driver for the high-quality development of the real economy.

Key Points: 
  • "On-demand retail is the new driver for the high-quality development of the real economy.
  • As a player under the on-demand open platform model, JDDJ is leveraging digital capabilities and delivery infrastructure, to accelerate the digitalization of traditional retail."
  • In July, a report about China's online retail market issued by the Ministry of Commerce mentioned "on-demand retail" for the first time, and recognized its value in integrating offline and online retail.
  • Li pointed out that the core components of on-demand retail are still efficiency and experience, in line with traditional retail.

JD.com Among 2022 Fortune China ESG Impact List

Retrieved on: 
Tuesday, August 30, 2022

BEIJING, Aug. 30, 2022 /PRNewswire/ --JD.com, a leading supply chain-based technology and service provider, has made Fortune China's "2022 China ESG Impact List," for its excellence in environmental, social and corporate governance factors.

Key Points: 
  • BEIJING, Aug. 30, 2022 /PRNewswire/ --JD.com, a leading supply chain-based technology and service provider, has made Fortune China's "2022 China ESG Impact List," for its excellence in environmental, social and corporate governance factors.
  • The list, published August 23, marks the first time Fortune has used ESG performance as a metric to review companies in China.
  • The list was developed based on a number of metrics including surveys, case studies, and company interviews.
  • It also took into account the finalists' ESG information disclosure completeness and their comparative status in respective industries.

JD.com to Report Second Quarter and Interim 2022 Financial Results on August 23, 2022

Retrieved on: 
Wednesday, August 10, 2022

BEIJING, Aug. 10, 2022 (GLOBE NEWSWIRE) -- JD.com, Inc. (NASDAQ: JD and HKEX: 9618), a leading supply chain-based technology and service provider, today announced that it plans to release its unaudited financial results for the three months and six months ended June 30, 2022 on Tuesday, August 23, 2022, before the U.S. market opens.

Key Points: 
  • BEIJING, Aug. 10, 2022 (GLOBE NEWSWIRE) -- JD.com, Inc. (NASDAQ: JD and HKEX: 9618), a leading supply chain-based technology and service provider, today announced that it plans to release its unaudited financial results for the three months and six months ended June 30, 2022 on Tuesday, August 23, 2022, before the U.S. market opens.
  • JD.coms management will hold a conference call at 8:00 am, Eastern Time on August 23, 2022, (8:00 pm, Beijing/Hong Kong Time on August 23, 2022) to discuss its financial results for the three months and six months ended June 30, 2022.
  • You will be automatically linked to the live call after completion of this process, unless required to provide the conference ID below due to regional restrictions.
  • A telephone replay will be available for one week until August 30, 2022.

Mitsubishi Electric Building Solutions Delivers 123 Elevators to Large Office Building in China

Retrieved on: 
Tuesday, August 2, 2022

TOKYO, Aug 2, 2022 - (ACN Newswire) - Mitsubishi Electric Building Solutions Corporation (MEBS, Head Office: Chiyoda-Ku, Tokyo; President: Tadashi Matsumoto) announced today that Shanghai Mitsubishi Elevator Co., Ltd. has delivered 123 elevators for JD.com's new Headquarters building *1 for second phase construction.

Key Points: 
  • TOKYO, Aug 2, 2022 - (ACN Newswire) - Mitsubishi Electric Building Solutions Corporation (MEBS, Head Office: Chiyoda-Ku, Tokyo; President: Tadashi Matsumoto) announced today that Shanghai Mitsubishi Elevator Co., Ltd. has delivered 123 elevators for JD.com's new Headquarters building *1 for second phase construction.
  • Approximately 15,000 people work in the 19-story building complex consisting of three parts (A, B and C office buildings), including five underground floors.
  • Manufacturer: Mitsubishi Electric Shanghai Electric Elevator Co., Ltd. (MESE)
    - Shanghai Mechanical & Mechanical Industry Co., Ltd.: 52%
    - China National Machinery Import & Export Corp.: 8%
    - Mitsubishi Electric Building Solutions Corporation: 8%
    Company Name: Mitsubishi Electric Shanghai Electric Elevator Co.,Ltd.
  • - Shanghai Mechanical & Mechanical Industry Co., Ltd.: 40%
    - Mitsubishi Electric Building Solutions Corporation: 20%
    Background: A new consolidated subsidiary of Mitsubishi Electric established in April 2022 to take over and integrate the building systems business of Mitsubishi Electric through an absorption-type split into Mitsubishi Electric Building Techno-Service Co., Ltd., a consolidated subsidiary mainly responsible for elevator maintenance and renewal business.

Over 80 out of top 100 supermarkets in China 2021 are accessible on JDDJ and Shop Now

Retrieved on: 
Saturday, July 30, 2022

China's brick-and-mortar retailers' online sales up 40% yoy in 2021, reflecting huge opportunities in online channels.

Key Points: 
  • China's brick-and-mortar retailers' online sales up 40% yoy in 2021, reflecting huge opportunities in online channels.
  • SHANGHAI, July 29, 2022 /PRNewswire/ --Among top 100 supermarkets in China, over 80 are in partnership with JDDJ, the on-demand retail platform operated by Dada Group (Nasdaq: DADA), as well as JD.com's on-demand retail service Shop Now.
  • Dada Group strategically undertakes the operation of JDDJ and Shop Now, which are part of JD.com's business layout in the on-demand retail as well.
  • Meanwhile, the vast volume of on-demand delivery orders from the JDDJ platform increases order volume and density for the Dada Now platform.

White Paper Released at CCFA Summit: How Business Thrives in On-Demand Retail

Retrieved on: 
Wednesday, July 27, 2022

SHENZHEN, China, July 27, 2022 /PRNewswire/ -- Dada Group (Nasdaq: DADA)'s JDDJ and JD.com's Shop Now showed up at the "2022 China International Retail Innovation Summit". On-demand retail, as the megatrend in the retail industry as well as a new growth driver for retailers and brands, was the major topic and arose heated discussions among business leaders today.

Key Points: 
  • At the summit, Dada Group released the "White Paper On Open On-Demand Retail Platform Model" in collaboration with China Chain Store & Franchise Association (CCFA) and JD.com's Consumption and Industry Development Research Institute.
  • The White Paper offers a panoramic display of the open platform model of on-demand retail for the first time in industry.
  • Dr. PEI Liang, President of China Chain Store & Franchise Association, demonstrated: "On-demand retail is an important part of omni-channel retail.
  • Based on the successful cases, the White Paper provides a methodological sum-up dubbed "On-demand ACE", suggesting a route to success in on-demand retail.

Beat the Heat: Ice Cream Sales Surge on JDDJ and JD.com's Shop Now

Retrieved on: 
Tuesday, July 19, 2022

The heat waves are driving strong growth in sales of ice cream and popsicles, which respectively increased by 189% and 109% month-over-month, and the sales of sparkling wine, soft drink, fruit and other iced products are surging as well on JDDJ and JD.com's Shop Now.

Key Points: 
  • The heat waves are driving strong growth in sales of ice cream and popsicles, which respectively increased by 189% and 109% month-over-month, and the sales of sparkling wine, soft drink, fruit and other iced products are surging as well on JDDJ and JD.com's Shop Now.
  • According to the report of China Meteorological Administration, the average temperature in June across the country hit the highest since 1961.
  • Based on the data of JDDJ and Shop Now, ice creams of Wall's, Cornetto, Chilez and BAXY are the bestsellers this summer.
  • The sales of alcopop beverages pumped by 310%, and the sales of beers also increased by 74% month-over-month.

Personal Care Brand-Laifen Achieved Thrilling Results During The 618 E-commerce Shopping Festival 2022

Retrieved on: 
Thursday, July 14, 2022

HONG KONG, July 14, 2022 /PRNewswire/ -- The emerging personal care brand-Laifen ("the Company") attended its first 618 E-commerce shopping festival in China, making an impressive sales achievement in the hair dryer industry.

Key Points: 
  • HONG KONG, July 14, 2022 /PRNewswire/ -- The emerging personal care brand- Laifen ("the Company") attended its first 618 E-commerce shopping festival in China, making an impressive sales achievement in the hair dryer industry.
  • 618 is one of the significant shopping festivals in China, similar to Amazon Prime Day.
  • From May 30 to June 18, the total sales revenue of all platforms was up to $24.9 million, Laifen sold over 300,000 units of high-speed hair dryers in 2022, 618 E-commerce shopping festivals in China.
  • Thanks to the latest technology and reasonable price, Laifen achieved a thrilling sales performance in the 618 E-commerce shopping festival, which proved its solid strength in the hair dryer industry.

JD.com Announced Renewed Strategic Cooperation with Tencent

Retrieved on: 
Wednesday, June 29, 2022

The value of such cooperation is expected to be paid or spent in cash and in the form of the Companys shares combined over the next three years.

Key Points: 
  • The value of such cooperation is expected to be paid or spent in cash and in the form of the Companys shares combined over the next three years.
  • The two parties will leverage this mutually beneficial partnership to provide better and more convenient shopping experience for users.
  • JD.coms cutting-edge retail infrastructure seeks to enable consumers to buy whatever they want, whenever and wherever they want it.
  • These forward-looking statements can be identified by terminology such as will, expects, anticipates, future, intends, plans, believes, estimates, confident and similar statements.

Naspers: Disposal of JD.com Shares Received From Tencent Holdings Limited

Retrieved on: 
Monday, June 27, 2022

Prosus N.V. (which is majority owned by Naspers) (Prosus) (Euronext Amsterdam: PRX; JSE: PRX), through its subsidiary MIH TC Holdings Limited, received 131 873 028 JD.com shares under the JD.com in specie distribution, representing a c.4% effective interest in JD.com.

Key Points: 
  • Prosus N.V. (which is majority owned by Naspers) (Prosus) (Euronext Amsterdam: PRX; JSE: PRX), through its subsidiary MIH TC Holdings Limited, received 131 873 028 JD.com shares under the JD.com in specie distribution, representing a c.4% effective interest in JD.com.
  • As JD.com does not form part of the groups core strategic focus and the JD.com shares were received by the Prosus group as a result of the JD.com in specie distribution, the Prosus group implemented an orderly disposal of the JD.com shares on the open market.
  • The JD.com shares were sold through an on-market orderly sales process comprising of a number of separate sales over time (the Disposal).
  • The aggregate Disposal of the JD.com shares constitutes a category 2 transaction for Naspers in terms of the JSE Listings Requirements.