According to iResearch data, JD.com had a 26 percent market share in the Chinese B2C marketplace in early 2017; 6 percent in 2014. Within the B2C e-commerce market in China, JD.com is the online market leader in the direct selling category. JD.com has created strategic partnerships with the Chinese social media leader Tencent, international merchants such as Walmart, and the market for research engines.In 2014, the largest Internet company in Asia, Tencent, acquired a minority share in JD.com, which has given a strong focus to the business and has led to a strong struggle with the Chinese market in China. There is not much mention of his own lives, his well-known marriage and his family, and even how the company’s name of JD (or Jingdong) are the last two alphabets of his love from high school. In fact, JD has hit the Amazon China, and some other competitors such as Dang and Joy, in the Chinese market.
The strategic collaboration of JD.com with the technical giant Tencent also enables Jingdong to capture the share of mobile commerce and access the huge mobile user base.Jingdong is able to reach the 938 million (as of 2017) active monthly users (MAU) of WeChat, the largest instant messaging platform in China. In June 2017, JD.com has invested 397 million dollars in Farfetch, an online market for luxurious brands, to be among the biggest shareholders in the London-based company. In July 2017, Saint Laurent has become one of the biggest luxury brands to sell online in China, through a platform of cooperation between Farfetch and JD.
The share of JD.com, Inc. has dropped 3.8 percent in pre-market, after the chinese e-commerce company reported the gains and revenues that have failed to meet expectations. Kroger’s co-founder sells its product to the Chinese e-commerce website belonging to the Group of Alibaba, which is the first to enter into foreign sales in the midst of a broader push in an online retailer. Hillhome Capital Group, a Chinese investing company that supported the most important internet and consumer businesses such as Tencent and Uber, said that it closed a new 6 billion dollar fund, the largest ever-growing equity by a private equity company in Asia.
Rainbow34 November 12, 2018