In 2011, JD.com established a cloud computing center in Chengdu.
JD.com's Iveco delivery van under the Dongbianmen Bridge in Beijing
At the beginning of March 2013, some domain names of the JD.com website were changed, with JD.COM as the main domain name[7]. On March 30 of the same year, JD.com officially changed its domain name to JD.COM, revised the homepage, and launched a new Logo and mascot image "Joy".
On February 16, 2013, Kingdom Holding Company, the investment flagship of Saudi Arabia's Prince Alwaleed, and the Ontario Teachers' Retirement Fund announced their stake in the mainland B2C website JD.com. The investor team led by Kingdom invested a total of 1.5 billion Saudi Arabia Rial (about 3.12 billion Hong Kong dollars) is a stake, while Kingdom has a stake of 470 million rials (about 970 million Hong Kong dollars).
On March 10, 2014, Tencent announced that it would invest in JD.com for US$214 million, becoming the third largest shareholder of JD.com[9]. According to the announcement on the Hong Kong Stock Exchange, Tencent announced that it will invest in JD.com for US$214 million and will acquire more than 350 million ordinary shares of JD.com. So far, Tencent and JD.com have established a strategic partnership. In addition, Tencent President Liu Chiping will join JD.com's board of directors[10].
On May 22, 2014, Jingdong Group was listed on the Nasdaq Stock Exchange in the United States with the stock code "JD" and the issue price of $19. JD.com raised a total of US$1.78 billion in this public offering. [11]
On January 9, 2015, Jingdong Mall invested in Bitauto (BITA) with US$400 million in cash and about US$750 million in resources. After the transaction is completed, JD.com holds a 25% stake. In addition, Yixin Capital, a subsidiary of Yiche that focuses on the auto finance Internet platform, received a cash investment of US$100 million from JD.com to subscribe to 17.7% of the newly issued Class A preferred shares.
On August 8, 2015, Yonghui Supermarket placed 717 million shares in Jingdong Mall at RMB 8.93 per share, accounting for 10% of the company's share capital after completion, raising RMB 6.459 billion. On August 8, Dairy International increased its holdings of Yonghui Supermarket by 143 million shares at RMB 8.93 per share, with a total transaction price of approximately US$210 million. After the completion of the allotment, the milk company’s interest in Yonghui Supermarket will remain at 19.99%.
On January 16, 2016, JD Finance, which is still a subsidiary of JD.com, raised RMB 6.65 billion, led by Sequoia Capital China Fund, Harvest Investment, and China Taiping. The value increased to RMB 46.65 billion. [12][13][14]
On June 18, 2016, Jingdong Mall acquired the “Yihaodian” business from Walmart with 145 million new shares and capital of US$1.45 billion, equivalent to about 5% of the equity. [15]
On November 15, 2016, JD.com's board of directors authorized JD.com to explore the feasibility of JD.com's financial restructuring on the same day. The license is required to conduct financial services business in China. This move will make JD.com no longer the legal holder of JD.com, and ensure that JD.com can maintain long-term close strategic cooperation with JD.com. Liu Qiangdong, chairman and CEO of JD.com, intends to participate in this transaction and acquire a small stake in JD.com. [16][17] Some mainland media even stated that although JD Finance was sold, Liu Qiangdong was still the actual controller. [18]
On December 31, 2016, Walmart increased its stake in JD.com to 12.1%. [19]
In 2016, JD.com began to provide cloud services [20].
On March 1, 2017, JD.com agreed to sell all 68.6% of its shares in JD.com, so that JD.com no longer legally holds or effectively controls JD.com. JD.com will receive approximately RMB 14.3 billion after the completion of the relevant share transaction. Yuan cash, and includes the clause that JD.com reserves the right to share profits in the future (that is, when JD.com accumulates positive pre-tax income in the future, JD.com can share the profit-sharing rights of 40% of the pre-tax profits of JD.com, and has the right to this The profit sharing right will be converted into a 40% equity of JD Finance under the condition of future regulatory approval). JD.com said that Liu Qiangdong will acquire nearly 4.3% of JD Finance’s shares from this transaction. However, Liu Qiangdong will still obtain the main voting rights in JD Finance[21][22][23][24], and finally JD.com in 2017 In the second quarter of 2017, this 14.2 billion yuan of income was recorded as additional paid-in capital[25]; in other words, JD.com completed the sale of its shares in JD Finance in the second quarter of 2017. JD Finance is valued at over 50 billion yuan after being spun off. [26][27]
On June 22, 2017, JD.com established a strategic partnership with Farfetch, a British high-end fashion shopping platform. JD.com invested US$397 million (approximately HK$2.94 billion) in Farfetch and became one of its major shareholders.
On December 18, 2017, JD.com invested US$259 million to acquire a 5.5% stake in Vipshop. [28]
In January 2018, Tencent, Suning, JD.com, and Sunac China, equivalent to HK$41.8 billion, acquired about 14% of the shares held by investors introduced when Wanda Commercial Hong Kong’s H shares were delisted. After introducing new strategic investors, Wanda The business will be renamed Wanda Commercial Management Group and will digest the real estate business within 1 to 2 years. On February 14, 2018, Hillhouse Capital, Sequoia China, China Merchants Group, Tencent, China Life Insurance, China Development Fund of Funds, China Research Fund, Industry Bank International, and other institutions invested in JD Logistics for US$2.5 billion (approximately HK$19.5 billion). After the transaction is completed, JD.com will still hold 81.4% of the equity in JD Logistics.
On February 14, 2018, BBK Commercial Chain Co., Ltd. announced that the company's shareholders Zhang Haixia and Xinwo Fund signed a share transfer agreement with JD.com to transfer a total of 5% of the company's shares to the latter at 17.1 yuan per share, involving a capital of 739 million yuan. With RMB yuan, BBK has 592 multi-format physical retail stores in mainland China, and its business covers Hunan, Jiangxi, Sichuan, Chongqing, Guangxi, Yunnan, and other provinces and cities. It is the largest retail entity in Southwest China and the ninth largest retailer in mainland China.
On April 27, 2018, the company subscribed and increased its holdings of 321 million new shares of China Logistics Assets at an average price of HK$2.8 per share, accounting for 10.99%, for HK$899 million.
On May 8, 2018, JD.com acquired a 6.67% stake in Leiwu Technology, a subsidiary of TCL Holdings, with RMB 300 million
On June 18, 2018, Google in the United States announced its stake in the mainland B2C website JD.com, with a total of US$550 million (approximately HK$4.13 billion) for approximately 27.1 million newly issued JD.com Class A ordinary shares, accounting for 0.93%.
On July 12, 2018, JD Finance announced the signing of a Series B financing agreement with a financing amount of about 13 billion yuan. Investors include CICC Capital under China International Capital Corporation, Bank of China Investment under Bank of China, CITIC Construction and CITIC Capital, etc., while Jingdong The profit sharing clause of the previously concluded agreement was also diluted due to this JD Finance Series B financing agreement. The original clause, which can share 40% of JD Finance’s future pre-tax profits, will be reduced to 36% [29]. After this financing, JD Finance is valued at about 133 billion yuan. [30][31][32]
On August 9, 2018, Walmart and JD.com respectively invested US$319 million and US$181 million in Dada-JD Daojia. The management group will be listed as soon as possible.
Formerly Beijing Green Palace Hotel, now renamed Jingdong Science and Technology Building
On February 12, 2019, JD.com announced that through its subsidiary JD Shangke Information Technology Co., Ltd., it would acquire Beijing's old five-star hotel, Cui Gong Hotel, for 2.7 billion yuan, and it will be renamed "JD Technology Building" in January 2020. [33][34]
On March 27, 2019, BOCHK and JD Digital Technology Holdings Co., Ltd. (formerly known as “JD Finance”[36]), a wholly-owned subsidiary of JD Xincheng Technology (Hong Kong), which is controlled by Liu Qiangdong over 25% of the shares[35]. A joint venture company consisting of JSH Virtual Ventures Holdings Limited (JSHVV), a wholly-owned subsidiary of Jardine Matheson Group, a London- and Singapore-listed company, Jardine Matheson Group[37]. Obtained the first batch of virtual banking licenses issued by the Hong Kong Monetary Authority, and is expected to officially launch virtual banking-related services in about half a year (that is, after September 2019). The strategy invests 44%, 36%, and 20% of the equity respectively. The total initial joint investment is 2.5 billion yuan, and Jingdong Xincheng will invest 900 million Hong Kong dollars. [40]
On April 17, 2019, JD.com acquired a 46% stake in home appliance retailer Wuxing Electric with RMB 1.27 billion
On June 10, 2019, JD.com's second-hand commodity trading platform "Paipai" will strategically merge with the electronic product recycling platform "Aihuishou". At the same time, JD.com will lead a new round of financing of more than US$500 million in Aihuishou. After the merger, JD.com will become the largest strategic shareholder of Aihuishou.
At the end of September 2019, JD.com’s affiliate Suqian JD. Zhanrui Enterprise Management Co., Ltd. and Nantong Airport Group jointly established JD.com Cargo, based on Nantong Xingdong International Airport[41].
On June 18, 2020, JD.com was listed on the Hong Kong Stock Exchange[42].
On October 26, 2020, JD.com signed a cooperation agreement with the Wuhu Municipal People's Government, including the establishment of a cargo airline named "JD.com"[43].
On December 13, 2020, Jingdong Group announced that it has entered into a formal preferred stock purchase agreement. According to this, the company will invest about US$700 million in Xingsheng Preference Electronic Business through its subsidiary. It is expected that the business of both parties in the low-tier market will form a synergistic effect. [44]
At the beginning of 2021, JD.com established JD.com Technology, whose business mainly focuses on JD.com cloud and artificial intelligence [20].
JD.com (NASDAQ: JD, HKEX: 9618) is a Chinese e-commerce company headquartered in Beijing. It is mainly a B2C shopping website, formerly known as 360buy and Jingdong Mall, founded by Liu Qiangdong. In 2014, JD.com was listed on the Nasdaq Stock Exchange in the United States.
major shareholder
18% of Tencent's Yellow River Investment Company, with 4.4% of the voting rights
Liu Qiangdong 15.5%, has 79.5% of the voting rights
Walmart 10.1% with 2.2% voting rights
Bull Capital 2.2%
Google 0.93%
The company was founded by Liu Qiangdong on June 18, 1998, and its retail platform was launched in 2004. Originally an online magneto-optical store, it quickly diversified, selling electronics, cell phones, computers, and similar items. In June 2007, the company changed its domain name to 360buy.com and in 2013 to jd.com. It is reported that the purchase cost of the latter is 5 million US dollars. At the same time, JD.com announced a new logo and mascot. It is partly owned by Tencent, which holds a 20% stake in the company
