JD Mall is China’s leading one-stop e-commerce platform, providing 258.3 million active customers with direct access to an unrivalled range of authentic, high-quality products, and helping leading local and international brands tap into China’s fast-growing e-commerce market.
JD Mall is setting the global standard for online shopping experience, offering a vast selection of products, across every major category (3C, apparel and home furnishings, FMCG, fresh food, home appliances and others), and delivering them at amazingly fast speeds to provide a truly “one stop” shopping experience for Chinese consumers.
Using JD’s unrivalled nationwide logistics network, and sophisticated data-driven delivery technologies, customers enjoy same- and next-day delivery standard, which is a level of service that no other company in the world can match.
JD Mall’s JD Worldwide cross-border platform also enables brands from around the world to sell directly to Chinese consumers, even those that do not have a physical presence in China, meaning that JD.com customers can get high-quality products from around the globe delivered to their doorsteps at the push of a button.
JD Finance is the financial technology arm of JD.com. It was established in 2013 to give individuals and businesses quick, easy and convenient access to the financial services they need.
Leveraging JD.com’s proprietary data resources, e-commerce expertise and industry-leading risk control systems, JD Finance offers sophisticated financial solutions in areas including consumer credit, supply chain financing, asset management, payment solutions and crowdfunding. JD Finance leverages a vast array of transaction and customer data to build complex credit and risk control models, which enable it to provide almost-instant credit line approvals for low-risk individuals and companies.
In 2014, JD Finance launched China’s first internet credit product – Baitiao – which offers users the option to “buy now, pay later.” During Singles Day 2015, the number of customers who used Baitiao increased by 800% compared to Singles Day 2014.
JD Finance operates China’s largest crowdfunding platform and JD Zhongchuang, a holistic financial and market acceleration ecosystem that connects early-stage enterprises with the financing and business development services they need to grow.
In January 2016, JD.com announced that JD Finance had secured RMB6.65 billion in financing with lead investors including Sequoia Capital China, China Harvest Investments and China Taiping Insurance. The transaction valued JD Finance at RMB46.65 billion on a fully-diluted, post-investment basis. JD.com continues to maintain majority ownership in JD Finance.