JD.com, also known as Jingdong, is one of China's largest and most influential e-commerce companies. Founded in 1998 by Liu Qiangdong, JD.com initially began as a physical store that sold electronics before transitioning to an online platform in 2004. Today, JD.com is a global leader in retail and logistics, offering a wide range of products, including electronics, apparel, groceries, and more, to millions of customers in China and beyond.
JD.com is known for its self-operated logistics network, which enables fast and reliable delivery services, setting it apart from its competitors. The company leverages cutting-edge technologies such as AI, big data, and automation to enhance its supply chain and customer experience. As of 2024, JD.com is a Fortune Global 500 company with a market capitalization exceeding $100 billion, making it a key player in the global e-commerce landscape.
CEO and Founder of JD.com
Liu Qiangdong, commonly known as Richard Liu, founded JD.com in 1998, initially as a small retail store specializing in electronics in Beijing. After witnessing the SARS outbreak in 2003, Liu decided to move his business online, launching JD.com in 2004. Under his leadership, JD.com expanded rapidly, becoming one of China’s largest e-commerce platforms. Liu’s vision for the company was based on the principle of authenticity, ensuring all products sold on JD.com are genuine. He also emphasized building a robust logistics network to ensure efficient deliveries, which played a significant role in the company's success. Liu Qiangdong continues to guide JD.com’s long-term strategy while fostering innovation in technology and logistics.
List of Top Companies Under JD.com
JD.com has acquired and invested in numerous companies to strengthen its position in various sectors, such as technology, healthcare, and logistics. Below is a list of some of the top companies owned or controlled by JD.com, along with their estimated valuations:
| Company Name | Year Acquired/Founded | Valuation | Industry |
|---|---|---|---|
| JD Logistics | 2017 (Founded) | $40 Billion | Logistics and Supply Chain |
| JD Health | 2019 (Founded) | $30 Billion | Healthcare Services |
| JD Digits | 2017 (Founded) | $20 Billion | Fintech and Digital Solutions |
| Farfetch China | 2020 (Investment) | $1.15 Billion | Luxury Fashion Retail |
| Dada Nexus | 2016 (Acquired) | $3 Billion | On-demand Delivery Platform |
| JD Cloud & AI | 2018 (Founded) | $10 Billion | Cloud Computing and AI |
| Kuayue Express | 2020 (Investment) | $850 Million | Courier and Express Delivery |
| JD Property | 2020 (Founded) | $8 Billion | Infrastructure and Warehousing |
| Xiao E Pinche | 2021 (Investment) | $1 Billion | Ride-Hailing and Transportation |
FAQs About JD.com
Q1: When was JD.com founded, and by whom?
A: JD.com was founded in 1998 by Liu Qiangdong (Richard Liu) as a small retail electronics store, and it transitioned into an e-commerce platform in 2004.
Q2: Who is the current CEO of JD.com?
A: Xu Lei is the current CEO of JD.com, while Liu Qiangdong remains actively involved in guiding the company’s overall strategy.
Q3: What is JD Logistics?
A: JD Logistics is JD.com’s logistics and supply chain arm, known for its vast and highly efficient delivery network, which covers most regions of China.
Q4: What are some of the top companies owned by JD.com?
A: Some of the top companies under JD.com include JD Health, JD Logistics, JD Digits, Farfetch China, Dada Nexus, and JD Cloud & AI.
Q5: How does JD.com differ from its competitors?
A: JD.com operates its own logistics and delivery network, ensuring faster and more reliable service. It also focuses on selling only authentic products, giving it an edge in quality assurance compared to other platforms.
Q6: What is JD Health?
A: JD Health is JD.com’s healthcare subsidiary, providing online medical consultations, health services, and pharmacy deliveries, making it one of China’s largest online health platforms.
