JD.com

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JD.com
Type Public
Headquarters Beijing, China
Founder(s) Liu Qiangdong
Industry Internet, Online retailing
Revenue Increase CNY 60 billion (2012)[1]
Employees 35,000 (2012 Q2)
Website www.jd.com
Alexa rank negative increase 794 (June 2014)[2]
Type of site E-commerce
Advertising Web banner
Launched 1998

JD.com or Jingdong Mall (Chinese: 商城; pinyin: Jīngdōng Shāngchéng), formerly 360Buy,[3] is a Chinese electronic commerce company headquartered in Beijing. It is one of the largest B2C online retailers in China by transaction volume.[4] Its English website, for worldwide shipping, launched on October 18, 2012.

The company was founded by Liu Qiangdong (a.k.a. Richard Liu) in July 1998, and its B2C platform went online in 2004. It started as an online magneto-optical store, but soon diversified, selling electronics, mobile phones, computers, etc. Jingdong Mall changed the domain name to 360buy.com in June 2007, and to JD.com in 2013.

History[edit]

  • June 1998 - The company was founded as Jingdong Century Trading Co., Ltd selling magneto-optical in Beijing, China.
  • January 2004 - The company’s B2C site went online as jdlaser.com
  • January 2006 - Shanghai subsidiary established
  • January 2007 - Guangzhou subsidiary established
  • June 2007 - began using the domain name 360buy.com, and the company name was changed to Jingdong Mall.
  • December 2010 - 360buy.com started online bookstore. CDs, DVDs and ebooks were added in the following months.
  • April 2011 - 360buy.com launched platform named “POP” for brand owners.
  • October 2012 - en.360buy.com was launched for the international market
  • March 2013 - the company's domain name was changed to JD.com.
  • March 2014 - JD.com. acquires eCommerce businesses and assets from Tencent.
  • April 2014 - Subsidiary's Lawsuit Against JD.com Accepted By Court

Awards & Accomplishments[edit]

  • In December 2011, 360buy founder and CEO Liu Qiangdong was named “CCTV Economic Person of the Year in China” for the year 2011
  • In September 2011, 360buy was named “Best Employer of 2011: Company Most Suitable to Work for in China” by the Fortune magazine (Chinese Edition)
  • In August 2011, 360buy was included on the “List of Model e-Commerce Companies” by the Ministry of Commerce
  • In May 2010, 360buy was named one of the “Top10 Growing & Innovative e-Commerce Companies in China” at the 4th APEC e-Commerce Business Alliance Forum hosted by the Ministry of Commerce
  • In May 2010, 360buy was named one of the “Top10 Growing & Innovative e-Commerce Companies in China” at the 4th APEC e-Commerce Business Alliance Forum hosted by the Ministry of Commerce
  • In December 2008, 360buy was named “The Most Trustworthy Company” during the selection of Beijing’s trustworthy e-commerce companies in 2008 hosted by China E-Commerce Association

References[edit]

External links[edit]