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JD.com, Inc., also known as JINGDONG (Chinese: 京东; pinyin: Jīngdōng), formerly called 360buy, [6] is a Chinese e-commerce company headquartered in Beijing.With revenues more than US152.8 billion in 2023, JD.com is China’s largest retailer by revenue, and ranks 47 on Fortune Global 500.
Which of these Chinese e-commerce leaders is the better investment?
Taobao is a Chinese online shopping platform. It is headquartered in Hangzhou and is owned by Alibaba. According to Alexa rank, it was the eighth most-visited website globally in 2021. [3] Taobao.com was registered on April 21, 2003 [4] by Alibaba Cloud Computing (Beijing) Co., Ltd.
Tmall.com was first introduced by Taobao in April 2008 as Taobao Mall (simplified Chinese: 淘宝商城; traditional Chinese: 淘寶商城; pinyin: Táobǎo Shāngchéng), a dedicated B2C platform within its consumer e-commerce website. The key difference between Tmall and Taobao is Tmall is a B2C platform but Taobao is C2C.
Alibaba Group Holding’s (NYSE:BABA) online retail platforms Taobao and Tmall Group (TTG) have formed a new “digital technology” company with a registered capital of 10 million yuan ($1.4 ...
Founded on 28 June 1999 [1] in Hangzhou, Zhejiang, the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services via Chinese and global marketplaces, as well as local consumer, digital media and entertainment, logistics, and cloud computing services. It owns and operates a diverse ...
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.
'618' is significant as is the date JD.com was founded by Liu Qiangdong on 18 June 1998. [2] It was first started in 2010, as a competitor to the shopping festival launched by rival Taobao , Singles' Day (or Double 11 in Chinese).