- Business
- JD.com, Inc. (9618.HK) operates as a leading supply chain-based technology and service provider primarily in China, offering a comprehensive e-commerce platform and advanced retail infrastructure that enables consumers to purchase a wide range of products whenever and wherever desired. The company provides core products and services across multiple segments, including JD Retail with offerings in home appliances and furnishings, digital products, supermarket goods, life services, automotive products and services, fashion and luxury goods, local retailing, and enterprise services; JD Logistics for nationwide fulfillment and delivery; JD Health for healthcare solutions; technology services incorporating AI, machine learning, and Retail as a Service; industrials; property development via JINGDONG Property; and international business through platforms like JD Worldwide and Joybuy, which facilitate cross-border sales of electronics, apparel, groceries, books, and general merchandise to over 700 million annual active customers. Founded in 1998 and headquartered in Beijing, JD.com conducts operations predominantly in China with expanding international presence in Europe, the Middle East, and beyond, ranking as China's largest retailer by revenue and 44th on the Fortune Global 500. Recent developments include a November 2025 memorandum of understanding between JINGDONG Property and Saudi Arabia's MODON to develop two million square meters of industrial and logistics projects; conditional approval from Italy in November 2025 for the acquisition of a significant stake in Germany's Ceconomy, which operates MediaMarkt and Saturn retail chains; and an ongoing takeover bid for Ceconomy announced in July 2025 valued at approximately €2.2 billion, alongside a strategic partnership between Joybuy and Kweichow Moutai in November 2025 to bolster its European operations.