JD news and archive

JD.com sales rise after costly China food delivery push

JD.com recorded a jump in first-quarter revenue Tuesday, as the Chinese e-commerce giant makes a costly push to establish itself in the country's highly competitive food delivery sector. The Beijing-based shopping platform has faced pressure in recent years from a persistent domestic spending slump and heightened competition with its primary...

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Report

JD Sports non-executive director Mahbobeh Sabetnia to step down

Mahbobeh Sabetnia, a non-executive director on the JD Sports board and member of the remuneration committee has decided not to stand for re-election at the company’s annual general meeting on June 27, 2024. Sabetnia has served on the board for nearly two and a half years including as a member of the remuneration committee since November 29,...

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Business

JD Worldwide opens fulfilment warehouse in Paris

JD Worldwide, the import and export shopping platform under JD.com, has launched its first self-operated direct procurement warehouse in Paris, France, housing fashion merchandise to streamline cross-border e-commerce for European brands into China. Located in the suburbs of Paris in Val-d'Oise, the facility houses apparel, beauty products,...

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Business

Lululemon eyes China expansion, launches through JD

Lululemon has officially debuted its digital flagship store through China’s JD, bringing its yoga and fitness products to the e-commerce site’s J Shop. According to the platform, the new addition falls in line with the current growth in popularity of fitness and sports in the country, as well as the increasing demand for sports equipment. It...

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Retail

Miinto to launch in China with an official flagship store on JD

Danish fashion platform Miinto will launch its overseas official flagship store on JD.com on November 12, offering its fashion clothing and accessories to more than 500 million customers on JD. Miinto joins JD through the Just-In-Time project, enabling cross-border merchants to synchronise products and orders via system integration, providing...

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Fashion

JD.com buys back shares following CEO controversy

JD.com will buy back 1 billion dollars worth of its shares. While the Chinese e-commerce giant’s plans are partly due to concerns of China’s economy, this comes just after charges against the company’s CEO have been dropped. CEO Richard Liu will not be charged with sexual assault, following an investigation in Minneapolis. Liu had been arrested...

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Retail

Aquascutum launching store on JD.com

The British heritage brand opens an official flagship store on China’s largest e-commerce retailer, JD.com. The opening is coupled with Black Friday, offering steep discounts of up to 60 percent off. Known for its iconic trench coats, Aquascutum will be offering their signature styles and a selection of merchandise on the new JD.com store. “We...

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People

Hailey Baldwin lands new role with Adidas and JD

Everything is coming up roses for Hailey Baldwin. First, she's fresh off the heels of her engagement to pop star Justin Bieber. Now, her professional life is on the come up as well. The It girl, who has been the face of both Adidas and JD, has a new role with both companies as their new "style creator." "I’m so excited to be Adidas and JD’s...