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Tag: jd.com

  • Sephora, JD.com staff up

    Sephora, JD.com staff up

    LVMH-owned cosmetics retailer Sephora has opened a flagship retailer on Chinese language eCommerce website JD.com.

    Sephora, which already as a profitable retail community in tier one Mainland China cities, says the transfer wil assist it break into the eCommerce market there, and attain shoppers in smaller city markets.

    “This marks a big step ahead for Sephora, the main magnificence retailer of LVMH Group, in its eCommerce and general retail technique for China,” the 2 corporations stated in a press release.

    Upon launch, Sephora’s retailer would be the largest cosmetics retailer on JD.com’s platform, that includes over 1200 gadgets from greater than 70 worldwide beauty manufacturers, together with Dior, Guerlain, Givenchy, Profit and Kenzoki.

    Anne Veronique Bruel, president of Sephora Asia, stated she is assured that Sephora, JD.com will have the ability to present Chinese language shoppers with “a very world-class on-line purchasing expertise, with out the fear of counterfeits”.

    Haoyu Shen, CEO of JD Mall added: “We’re capable of supply Sephora an end-to-end eCommerce answer that ensures Chinese language shoppers have the absolute best model expertise when buying their magnificence merchandise on-line. Our direct co-operation with Sephora additional strengthens the arrogance of cosmetics buyers in China that JD.com is the go-to website for probably the most wanted genuine name-brand merchandise.”

    Sephora, based in Limoges, France, in 1969, was purchased by luxurious group LVMH in 1997.At the moment, it has greater than 2000 shops in 32 nations stocking greater than 200 worldwide manufacturers and 10,000 of its personal distinctive personal label merchandise.

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  • Luxottica groups with JD.com

    Luxottica groups with JD.com

    JD.com says it is going to associate with eyewear producer Luxottica to retail a variety of sun shades bearing a few of the best-known international luxurious manufacturers.

    Clients of the Chinese language web site will be capable of buy sun shades from manufacturers together with Ray-Ban, Oakley and Vogue. A lot of the merchandise might be out there by means of JD.com’s direct gross sales channel, enabling Luxottica to leverage JD.com’s nationwide logistics community that includes commonplace same- and next-day supply.

    “Chinese language shoppers more and more depend on JD.com for handy and dependable entry to high-quality luxurious items throughout a variety of merchandise, from clothes and niknaks, to cosmetics,” stated Lijun Xin, VP.

    “We’re delighted to be partnering with Luxottica, the clear international chief in luxurious eyewear, to broaden our providing on this market that’s quickly rising amongst Chinese language shoppers.

    “Partnerships with main luxurious producers resembling Luxottica underline the belief that our international companions have in JD.com, not solely to drive gross sales, but in addition to offer shoppers assured genuine merchandise and the absolute best model expertise.”

    JD.com operates seven achievement facilities and 143 warehouses in 43 cities throughout China, with 3539 supply stations and pickup stations in 1961 counties and districts.

  • China’s JD.com posts 62 pct rise in quarterly revenue

    China’s JD.com posts 62 pct rise in quarterly revenue

    JD.com Inc, China’s No.2 e-commerce company, reported a 62 percent rise in quarterly revenue, topping analysts’ expectation as the number of active customer accounts across its sites nearly doubled from a year earlier.

    First-quarter revenue of 36.6 billion yuan ($5.90 billion) exceeded analysts’ estimate of 35.65 billion yuan, according to Thomson Reuters I/B/E/S.

    Gross merchandise volume (GMV), or the total value of goods sold on JD.com, nearly doubled to 87.8 billion yuan ($14.14 billion) in the quarter ended March, with roughly 42 percent of all fulfilled orders coming from mobile devices, the company said.

    Excluding certain items, losses widened to 2 cents per American depositary share, from 1 cent, as it spent heavily to broaden its inventory and on marketing.

    The Beijing-based company’s business, like bigger U.S. peer Amazon.com Inc’s, is built on selling products it purchases through its own logistics network. Alibaba Group Holding Ltd, on the other hand, has grown its business quickly by connecting sellers to buyers rather than stocking its own merchandise.

    The difference in business models has allowed JD.com to market itself as a purveyor of authentic goods, while its larger rival has wrestled with occasional, high-profile controversies over fake products.

    When JD.com announced in April that it would sell and warehouse clothes from Japanese giant Uniqlo, the e-tailer touted the deal as an example of its growing ability to offer customers mainstream labels and authentic clothes.

    JD.com last month launched its JD Worldwide cross-border online shopping platform, a challenger to Alibaba’s Tmall Global service.

    It also announced on Friday its participation in a $500 million investment in Tuniu Corp.

    The company’s U.S.-listed shares have risen close to 60 percent since its IPO last May.

    ($1 = 6.2089 Chinese yuan renminbi)

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  • JD.com eyes rural areas to tap huge potential

    JD.com eyes rural areas to tap huge potential

    China’s online retailer JD.com said it plans to open more than 500 county-level service centres this year to boost deliveries to lower-tier cities and inland regions as it bids to boost its market presence.

    The centres will hire local staff and delivery men to expand the firm’s delivery network into regions with few third-party courier companies. The firm will also open up to 1,000 service stores targeting home appliance buyers and help vendors provide one-stop service of installation and repairing of household appliances sold to rural consumers.

    It is hoped that the county-level centres and the planned hiring of promotion staff will help rural consumers become better acquainted with JD.com as well as online purchasing and after-sales service by the end of June.

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