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JD.com started the e-book selling business online on 20 February 2012, and provided customers with more than 80,000 electronic books. JD.com also offered discounts to the buyers, this situation was the unfoldment of a new round of price war. [62] On 17 April 2013, most of the e-books on Dangdang's website were free for users to download.
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618 shopping day is a shopping festival created by JD.com.The festival is celebrated annually on the 18th June (6th Month), hence the name '618'. [1]'618' is significant as is the date JD.com was founded by Liu Qiangdong on 18 June 1998. [2]
The company was initially established as an internal department of JD.com and its subsidiaries in 2007. [2]On 23 November 2016, the department became a stand-alone business with the name JD Logistics and began to conduct businesses for external customers, This was done as JD.com wanted to expand outside China and would need to expand its infrastructure.
HONG KONG (Reuters) -Walmart sold its entire roughly $3.7 billion stake in JD.com, ending an eight-year investment in the Chinese e-commerce firm that was yielding waning returns, and the U.S ...
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