JD.com Inc.

Jingdong, also known as JD.com (NASDAQ: JD), is China's second-largest e-commerce retailer, accounting for approximately 17% of the market in 2019. 360buy.com, based in Beijing, debuted in 1998 before rebranding to JD (NASDAQ: JD) in 2013.

JD.com is a business-to-consumer (B2C) online retailer. JD Mall sells electronics and home appliances, as well as clothing, food, and books. Furthermore, JD Mall enables local sellers to open their own "shops" on the website and import food, beverages, clothing, and shoes.

JD.com is at the forefront of China's e-commerce push toward automated and drone deliveries. It started building a drone airport last year and unveiled its first autonomous truck. JD.com made its first delivery with an autonomous robot vehicle on February 6, 2020, in Wuhan, delivering medical supplies to a local hospital while avoiding human-to-human contact.

JD.com is primarily a direct seller, similar to Amazon, but it also has a marketplace and, like Alibaba, its own delivery and logistics network. Tencent, Google, and Walmart are among the international behemoths that have invested in JD.com to help it compete with Alibaba.

Tencent's recent moves, however, suggest that its strategic partnership with JD.com may soon become a rivalry. Tencent reduced its stake in JD.com from 20% to 17.1% in early 2020. Tencent launched a WeChat mini store in April, competing with the JD.com mini store that has been displayed in the WeChat app since 2017. Tencent has also increased its investment in MissFresh, a start-up that competes with JD.com and Walmart's joint venture, JD Daojia.

Founded: 1998
Headquarters: Beijing, China
Official web: global.jd.com/