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Home / China-US economic relations

JD implements 'Internet Plus' amid boom in cross-border sales

By Liu Zheng (

chinadaily.com.cn

)

Updated: 2015-09-24 06:58:57

Meanwhile, JD will practice its innovation-driven strategy to push its innovative move step further into technologies and commercial modes aspects, including Internet finance, online to offline (O2O), rural e-commerce, and cross-border e-commerce.

4. How would you rate you company's performance in China during 2014? Over the next five years, what is your expectation for the company's development?

On May 22, 2014, JD announced its initial public offering on NASDAQ and became one of the top 10 world's largest Internet enterprises.

The gross merchandise volume (GMV) for the second quarter of 2015 was 114.5 billion yuan ($18.5 billion), an increase of 82 percent compared with the second quarter of last year. JD Mall GMV for the second quarter of 2015 increased by 92 percent year-over-year.

In the upcoming five years, JD will continually focus on e-commerce, and expand its businesses in the areas including cloud computing, big data, Internet finance, O2O, distribution chain moving down closer to consumers and go global.

 

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