Jingdong (JD) net revenues for the first quarter of 2019 were RMB 121.1 billion (US$118.0 billion), an increase of 20.9% from the first quarter of 2018. Net service revenues for Q1 2019 were RMB12.4 billion (US$1.9 billion), an increase of 44.0% from the first quarter of 2018.
JD.com (Jingdong) reported a net revenue of 104.8 billion yuan (US$15.3 bn) in Q3 2018, an increase of 25.1% year-on-year. Annual active customer accounts increased to 305.2 million in the twelve months ended September 30, 2018 from 266.3 million in the same period last year.
For the third quarter of 2017, JD.com reported net revenues of RMB83.7 billion (US$12.6 billion), representing a 39.2% increase from the same period in 2016. Net revenues from online direct sales increased by 38.5%, while net revenues from services and others increased by 46.2% in Q3 2017, as compared to the third quarter of 2016.
Cainiao Network, an Alibaba affiliate, was founded in 2013 to create a logistics information platform that links a network of delivery partners, warehouses, and merchants to make package deliveries faster and more efficient.
Jingdong GMV for the first quarter of 2017 increased by 42% to 184.1 billion yuan (US$26.7 billion) from 129.3 billion yuan in Q1 2016. Annual active customer accounts increased by 40% to 236.5 million in the twelve months ended March 31, 2017, from 169.1 million in the twelve months ended March 31, 2016.
A girl from Chile bought her father a watch as a gift at US$41.01 from Alibaba’s retail platform AliExpress on 10 April 2017. What she did not know is that she is recorded by Alibaba as the 100 millionth customer.
China had more than 5000 different types of cross-border online platforms serving over 200,000 companies of e-commerce operations in 2015. Driven by the rapid growth of e-commerce, small and medium e-commerce companies has become a new growth focus in China.
A total number of more than 60 China’s e-commerce websites entered Russia in 2015 including AliExpress, Jingdong, TradeEase and other start-ups according to Yandex.
35% of China’s online shopping consumers bought cross-border products online in 2015, and 73% respondants said the price was the main reason for cross-border shopping according to PayPal and Ipsos research.
Alibaba announced through its official Weibo that it will invest SGD 313 million (about USD 249 million) in Singapore Post (SingPost) for 10.35% share in SingPost.
This is the part 4 of a series of posts that gives you insights on Chinese netizens behaviors from Sina Weibo. Part 1, Part 2, Part 3. Sina Weibo users development report in 2013 analyzed Weibo users social networking interactions, most of Weibo users would follow users with the same age. Within two years age […]
Total number of China’s annual delivery packages might rank the number one in the world in 2013, according to China Post official data. By the end of November, China packages delivery reached 8.12 billion in 2013. In November 2013, the number of Express Delivery packages hit 1.09 billion, up 61.9% compared to 2012. China Post […]