Retailing, Franchising, and Consumerism Business Intelligence in China


JD Net Revenue Up 29.2% In Q3 2020

JD Group recently published its performance results for the third quarter of 2020, stating that the group achieved net revenue of CNY174.2 billion, a year-on-year increase of 29.2%.

JD Logistics Open 20,000 Jobs

To better realize China's poverty relief work, JD Logistics recently announced to fully support poverty relief by providing jobs to poor workers and provide stable and secure employment to them.

JD Signed Sales Agreement With Nine Watch Brands

According to reports in Chinese local media, JD has signed strategic sales agreement with nine Chinese watch brands, including Rossini, Ebohr, Fiyta, Tian Wang, and Sea-Gull, for 2020 with total value of over CNY100 million.

JD Appointed Strategic Investment Director

According to reports in foreign media, China's second largest e-commerce company JD appointed Jason Hu, former managing director of CDH Investments, as its strategic investment director, leading transactions in China and abroad.