Jingdong (JD) has upgraded Yihaodian (yhd.com) to Yihaodian Membership Store, the first online membership-only retail platform in China.
YHD was launched in 2008 focusing on online grocery e-commerce with an investment from Walmart in 2011; and, JD acquired YHD in June 2016.
Chinese consumers can buy a Yihaodian membership for RMB 198 yuan/year. Existing Yihaodian members or JD PLUS members can enjoy a discounted rate of RMB 148 yuan/year.
With the membership, custom...
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