# JD.com

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jd-com

- Industry: Retail
- Headquarters: Beijing, China
- Website: https://corporate.jd.com
- Total disclosed funding: $1.6B
- Latest round: Series D (Feb 16, 2013)
- Investors on record: 8

## About

Based in Beijing, China, JD.com, Inc. is an e-commerce platform that was founded in 1998 by Richard Liu. The company began its online business in 2004 when the founder closed its brick-and-mortar store and launched www.jdlaser.com, the earliest online predecessor of JD.com. It then transformed into a full-fledged e-commerce platform in October 2008, when its online store started selling general merchandise, subsequently launching its online marketplace platform in December 2008. In May 2014, JD.com, Inc. raised USD 1.8 billion in an IPO, selling 93.7 million shares at USD 19 per share on the Nasdaq under the symbol JD. As of September 2021, founder Richard Liu remains to be the Chairman and CEO of the company. In February 2023, Scion Asset Management invested in Scion Asset Management for USD 4.2 million.

JD.com, Inc. operates as a one-stop e-commerce platform, offering various products including electronics, apparel and home furnishings, FMCG, fresh food, home appliances, and others. The firm manages a logistics network that provides smart supply chain and logistics services to businesses across a wide range of industries, as well as small-to-medium sized warehousing, oversized warehousing, cross border, cold chain delivery, frozen and chilled warehousing facilities, B2B and crowdsourcing logistics. The company also focuses on innovation with its research and development efforts developing robotics and automation, making commercial deliveries by drone, unmanned delivery vehicles, warehouses and stores.

In September 2021, JD.com, Inc. plans to acquire a controlling stake in China Logistics Property Holdings Co. to bolster its logistics network.

## Funding rounds

- Series D, Feb 16, 2013, $400M — Kingdom Holding Company
- Series D, Nov 10, 2012, $250M — Ontario Teachers' Pension Plan, Tiger Global Management
- Series C, Jun 1, 2011, $647M — Hong Shan, Insight Partners, DST Global
- Series C, Apr 1, 2011, $314M — DST Global
- Series B, Dec 19, 2008, $21M — Capital Today, Bull Capital Partners
- Series A, Aug 21, 2007, $10M — Capital Today

## Investors

- Capital Today (https://capitalatlas.ai/funds/capital-today) — Series A, Series B
- Bull Capital Partners (https://capitalatlas.ai/funds/bull-capital-partners) — Series B
- DST Global (https://capitalatlas.ai/funds/dst-global) — Series C
- Hong Shan — Series C
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series C
- Ontario Teachers' Pension Plan — Series D
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series D
- Kingdom Holding Company (https://capitalatlas.ai/funds/kingdom-holding-company) — Series D