JD.com reports 40% increase in annual revenues

JD.com reports 40% increase in annual revenues

China-base online retailer JD.com has reported net revenues of RMB362.3bn ($55.7bn) for 2017, an increase of 40.3% from the previous year.

Gross profit for the year was up 43.7% at RMB50.8bn ($7.8bn).

In a statement issued on Friday (2 March), Richard Liu, Chairman and CEO of JD.com, said: “Our unmatched online shopping experience continued to reshape Chinese e-commerce, win over consumers and drive robust growth in 2017.

“As we implement our vision of ‘boundaryless retail,’ we are working with top industry players to build China’s most advanced and comprehensive retail ecosystem to reach consumers wherever and whenever they shop. Looking ahead, we will remain focused on using technology, AI and big-data to revolutionize e-commerce while leveraging JD’s established infrastructure to empower our partners.”

 

Relevant Directory Listings

Listing image

KEBA

Since 2001, KePol parcel lockers from innovation leader KEBA ensure easy automating of the first and last mile of parcel logistics processes. First-class quality and outstanding reliability make KePol the world’s best locker solution available. Thanks to its modularity, the flexibility is high and customizing […]

Find out more

Other Directory Listings

News Archive

Advertisement

MER Magazine


The Mail & Express Review (MER) Magazine is our quarterly print publication. Packed with original content and thought-provoking features, MER is a must-read for those who want the inside track on the industry.

 

P&P Poll

Loading

What’s been the most interesting trend of 2019?

Thank you for voting
You have already voted on this poll!
Please select an option!




Pin It on Pinterest

Share This