May 7, 2020|
JD Report: Post-1995 Consumers Spend More on Entertainment than Post 1985
by Ling Cao and Yuchuan Wang
On May 4th, JD published its report on youth (defined as 16-35 years old) consumption. According to report, the youth generation are becoming the main purchasing power for families and are hard-working, while spend more on entertainment, especially for the post-1995 generation, who spent 21.1% on work and 26.69% on entertainment consumption, which is higher than the post-1985 generation, who spent 13.07% and 16.02% respectively. From January to April, the top categories for youth consumption are snacks, mobile phone accessories, grains, oils and seasoning, household paper products, and diapers and wipes.
Although the dogs and cats market has been impacted by COVID-19, other pet categories have performed well, including birds, turtles and insects. The growth of purchases in these categories by the youth generation is 10% higher than that of the platform average. As for flowers and plants, the sales growth from the post-1995 generation increased 35% y-o-y, and was higher than the post-1985 generation.
The youth generation is more willing to spend money on electronics and gaming products. Sales of gaming products from January to April increased 270% y-o-y. In addition, computers increased 35%, mobile phones increased nearly 30% and gaming equipment increased by 40%.
The post-1985 generation has the highest y-o-y growth rate for book consumption basket size, with female consumption at 27% higher than the platform average. The post-1985 generation are buying the most in the fitness products category, while the post-1995 generation have the highest growth rate in the category. Haircare products was the only category where post-1985 consumption was higher than post-1995.
Nov 7, 2024|
CIIE 2024: JD.com to Expand Imports of Specialty Brands, Strengthen Healthcare Partnerships, and Enhance Logistics
At the 7th China International Import Expo (CIIE) on November 5, JD Super, the supermarket division of JD.com, announced a major initiative to broaden its selection of imported specialty. Over the next three years, JD Super plans to introduce over 1,000 new international brands to meet the increasing demand for high-quality, diverse imported goods.
Meeting the Growing Demand for Quality Imports
According to JD Worldwide’s “White Paper on 2024 China Cross-Border Consumption Trends,” more than 80% of Chinese consumers are interested in imported products, with many prioritizing authenticity, quality, and fast delivery. In response, JD has significantly expanded its range of international offerings. During the ongoing Singles’ Day Grand Promotion, sales of cross-border products have surged, with more than 600 brands experiencing a sales increase of over 100% compared to last year.
Strengthening High-Quality Food Partnerships
Demonstrating JD.com’s commitment to sourcing high-quality products, JD Super signed a new procurement agreement at CIIE with Huadong Foods and Teys, a major Australian beef brand under Cargill. Under this agreement, JD Super and Huadong Foods will procure $50 million of Teys beef throughout 2025. This partnership underscores JD’s strategy of collaborating with trusted suppliers to provide high-quality, affordable beef to Chinese consumers.
Delivering Authentic Global Goods Efficiently
JD Logistics has built a robust logistics network that spans bonded, direct mail, and overseas warehouses, facilitating fast deliveries of imported items across categories such as electronics, fashion, beauty, food, and baby products. In many major cities, delivery times have been reduced to under 48 hours.
For instance, JD Super’s partnership with Raub of Malaysia enables the import of Musang King durians, which are harvested at peak ripeness and air-shipped with cold chain logistics for delivery within 24 hours. Additionally, JD.com also secured an early supply of Chilean cherries, available since October, which can be delivered in as little as 30 minutes in many areas through JD NOW, its on-demand retail service.
JD.com’s “JD National Pavilions” program, which features over 150 country-themed flagship stores from more than 70 countries and regions, continues to be a cornerstone of its import strategy. Supported by embassies and reputable organizations, this initiative offers Chinese consumers access to premium products and cultural experiences from around the world. In April, JD launched the JD National Pavilion of Mali, introducing popular items like shea butter and garnering over 40,000 followers.
Expanding Healthcare and Logistics Partnerships
JD Health is also making strides at CIIE by strengthening partnerships with leading global healthcare companies, including Merck, Bayer, and Roche. As “China’s premier online health access point,” JD Health is committed to integrating digital and physical healthcare resources to improve access and convenience for patients.
Key collaborations include initiatives with Haleon to promote brain health and anti-aging for the “silver economy,” with MSD China on a digital diabetes management model, and with Teva Pharmaceuticals to provide patient education for conditions such as tardive dyskinesia (TD) and Huntington’s disease (HD).
On the logistics front, JD Logistics announced plans to double its overseas warehouse space by 2025 and expand its network of bonded and direct mail warehouses. JD Express now serves over 60 countries, enhancing cross-border delivery efficiency and supporting both brands and consumers.
Through these efforts, JD.com reaffirms its commitment to sourcing and delivering authentic, high-quality imported products to Chinese consumers, supported by an advanced supply chain that ensures a superior shopping experience.
(vivian.yang@jd.com)
Growth Rate of JD Delivery Orders Jumped during May Day Holiday
