Worldwide sales jumped to unimaginable levels with the JD618 Grand Promotion. The cross-border e-commerce marketplace saw sales increase steadily for months leading up to the promotion. This happened across the board; JD Retail, Logistics, Health and Technology.
The JD618 Grand Promotion, a cross-border e-commerce marketplace for China and international brands, doubled in sales within one day.
At one point during the promotion, there were nearly 500 brands advertising products through sale channels – double what they usually offer during off-seasons.
During the first 24 hours, sales of cross-border food, beverage products, imported alcoholic drinks and small kitchen appliances saw a massive increase in transactions. This is a testament to how far the company has come as an industry and what opportunities lie ahead.
JD.com’s business model is premised on the tenet that e-commerce should improve people’s lives by providing them with more convenient and reliable access to products and services.
JD Retail has invested more than 40 billion yuan on user services alone in the past two years. In addition to logistics and consumption service, they are also focusing heavily on making sure that customers have an enjoyable experience when buying anything through their website or App.
JD.com’s international business is booming. The company is using its 582 million active users to grow the number of brands that sell on its sites. They are also providing access for third-party merchants who want in too. The company will provide customers with superior products that satisfy their needs for better quality at an affordable price through this channel.
JD’s worldwide network of users means that it is easier than ever before for Chinese brands and third-party merchants to gain a firm footing in the country. With over 580 million active monthly accounts, JD has far-reaching power when empowering these companies with superior products or services to satisfy customers’ needs.
JD Worldwide’s National Pavilions are an essential part of the company’s international presence. Finland, Singapore, and Denmark are three of the most popular pavilions among customers. Each pavilion offers a unique experience showcasing the best of JD’s worldwide products and culture.
With this recent success in the market, Richard Liu Qiangdong, the billionaire founder of China’s e-commerce giant, hailed the company for its growth and change with time. He also asserted that the company is currently expanding internationally through various means such as initial public offerings (IPO).
The eCommerce company is working hard towards creating an environment that fosters integrity and compliance with the relevant laws in China as well as internationally. The company is committed to achieving success the right way.
JD.com founder, Richard Liu, celebrated the company’s anniversary by reaffirming its commitment to social responsibility. He noted that the company intends to remain a leader not just in e-commerce but also in social responsibility.
A case in point is when the company set up a special portal on their App and offered discounts. This was meant to meet the demand for anti-epidemic and life necessities during the COVID season. In effect, the initiative helped reduce cross infections through this innovative way of doing business.
In the same breath, JD Health has launched a free online consultation service for users in Hong Kong to have easy access to healthcare advice from telemedicine doctors and multimedia guidance on coronavirus infection prevention.
This company knows exactly what consumers need nowadays and is prepared to provide just that. The founder believes he is setting an example for other businesses in China and around the world.
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