On August 13, JD.com announced its unaudited financial results for the three months and six months ended June 30, 2026.
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JD.com Expands Direct Sourcing in South Korea, Partners with Nine Korean Brands
- JD.com establishes a local sourcing subsidiary in South Korea, creating a Korean-speaking gateway for brands seeking to reach Chinese consumers
- Nine Korean consumer brands, including E-Land Group’s LLOYD and RECLOW, sign strategic partnerships with JINGDONG Cross-Border
- More than 200 Korean companies participate in JD.com’s sourcing and business matchmaking event in Seoul
SEOUL, August 12, 2026 — JD.com is expanding its direct sourcing capabilities in South Korea with a new local procurement operation, making it easier for Korean brands to reach Chinese consumers and bringing more quality Korean products to China.
The announcement was made at a sourcing and business matchmaking event held in Seoul on August 12 in collaboration with the Korea Trade-Investment Promotion Agency (KOTRA) and Korea’s Ministry of Trade, Industry and Resources. More than 200 Korean consumer goods companies participated.
During the event, JINGDONG Cross-Border, JD.com’s cross-border import platform, signed strategic cooperation agreements with nine Korean consumer brands across fashion, lifestyle, beauty and other categories, including E-Land Group’s LLOYD and RECLOW.
With growing demand in China for quality international products, Korean beauty, fashion, food and lifestyle brands continue to attract strong consumer interest. Through direct sourcing, JINGDONG Cross-Border purchases products directly from brands and connects them with JD.com’s retail, supply chain and consumer ecosystem, helping reduce the complexity of entering and operating in the Chinese market.
Under the new partnerships, JINGDONG Cross-Border will directly source selected RECLOW products and launch a JD-operated flagship store for the brand. LLOYD and other participating brands will also connect directly with Chinese consumers through official flagship stores on JD.com.
JD.com’s new sourcing team provides Korean brands with a local, Korean-speaking point of contact in Seoul, allowing JD.com work more closely with brands, identify products suited to Chinese consumer demand and provide localized support.
“Quality Korean products have continued to gain popularity among JD.com customers,” said a representative of JINGDONG Cross-Border’s Korea sourcing business. “Our local sourcing presence allows us to work more closely with Korean brands, understand their products and growth ambitions, and bring more high-quality Korean products to consumers in China.”
“For small and medium-sized companies, strong products alone are not always enough to enter the Chinese market,” said Kim Sung-jun, CEO of RECLOW. “JD.com’s direct sourcing model helps reduce the burden of logistics and settlement, allowing us to focus on our products.”
A representative from E-Land Group added that direct cooperation with JD.com can help reduce operational complexity in China while bringing quality products to consumers at more competitive prices.
JD.com’s sourcing expansion builds on its existing presence in South Korea. JINGDONG Logistics, the logistics arm of JD.com, has already established a specialized logistics entity in the country, providing solutions including import and export services, bonded warehousing and other shipping services. Together with the new local sourcing team, these capabilities provide stronger end-to-end support for Korean brands seeking opportunities in China.
JINGDONG Cross-Border continues to expand opportunities for international brands through JD.com’s integrated sourcing, retail, logistics and supply chain capabilities. In July 2025, it launched the “10 Billion GigaGrowth Plan,” aiming to introduce 1,000 new international brands over three years and support RMB 10 billion in cumulative sales growth, helping more global brands establish and grow their presence in China.
JD.com will continue to strengthen direct sourcing efforts in South Korea and expand partnerships with Korean brands, bringing more quality products, new launches and exclusive offerings to Chinese consumers. By combining local expertise with its integrated supply chain capabilities, JD.com aims to create a more efficient bridge between global brands and one of the world’s largest consumer markets.
JD.com Connects with Global Beauty Brands at Cosmoprof North America
JINGDONG Cross-Border, JD.com’s cross-border import business, joined Cosmoprof North America in Las Vegas 2026, one of the beauty industry’s leading B2B events, to connect with international beauty brands and share insights on growing in China’s fast-evolving consumer market.
Held from July 13–15 at the Mandalay Bay Convention Center, this year’s exhibition brought together more than 1,000 exhibitors and over 26,000 retailers, distributors, investors and industry professionals from 103 countries, creating an ideal platform for global beauty brands to explore new partnerships and international growth opportunities.
China remains one of the world’s most dynamic beauty markets, with consumers increasingly seeking premium imported products, innovative ingredients and trusted international brands. Through JINGDONG Cross-Border, overseas merchants can reach hundreds of millions of consumers in China without establishing a local business entity, while benefiting from JD.com’s trusted retail platform, nationwide fulfillment network and end-to-end cross-border solutions.
Today, JINGDONG Cross-Border connects consumers with products from more than 20,000 brands across over 100 countries and regions, helping international brands accelerate market entry while reducing operational complexity through integrated merchandising, cross-border logistics, localised marketing and customer services.
During the exhibition, a representative from JINGDONG Cross-Border North America joined the CosmoTalks panel discussion, “Packaging That Sells: Designing for Shelf, Scroll, and Speed,” alongside Amanda Baldwin, CEO of OLAPLEX.
Drawing on JD.com’s retail and supply chain experience, the spokesperson shared practical recommendations for beauty brands entering China, including how packaging design influences product discovery in digital shopping environments, strengthens brand recognition across online and offline touchpoints, and supports efficient cross-border fulfillment.
The discussion also highlighted how product presentation, logistics readiness and localised consumer communication work together to improve conversion and build long-term brand growth in China’s highly competitive e-commerce market. Throughout the exhibition, the JINGDONG Cross-Border team held face-to-face meetings with approximately 270 beauty and personal care brands from North America, Japan, South Korea and other international markets.
These conversations strengthened relationships with existing partners while creating new opportunities to introduce innovative global beauty products to Chinese consumers. For many brands, the discussions also provided valuable insights into China’s consumer preferences, digital retail ecosystem and cross-border business opportunities.
As global beauty brands continue looking for sustainable growth in China, JINGDONG Cross-Border remains committed to providing more than market access. By combining trusted retail operations, nationwide supply chain capabilities and localised brand-building expertise, the platform helps international merchants shorten their path to market and build long-term success in China.
Looking to Grow Your Beauty Brand in China?
Whether you’re launching your first product in China or expanding an established business, JINGDONG Cross-Border offers comprehensive support—from market entry and cross-border logistics to digital merchandising, localised marketing and long-term brand development.
Connect with the JINGDONG Cross-Border team to explore how your brand can reach hundreds of millions of Chinese consumers: https://cooperation.jd.com/
(vivian.yang@jd.com)
JD.com Rises to No. 41 on the Fortune Global 500, Strengthening Long-Term Competitiveness Through AI, Services and Global Supply Chains
BEIJING, July 28, 2026 – JD.com (also known as JINGDONG) ranked No. 41 on the 2026 Fortune Global 500, marking its 11th consecutive year on the list and its third consecutive year among the world’s top 50 companies. This year, JD.com also remains the highest-ranked private company from the Chinese mainland on the Fortune Global 500. The latest ranking reflects JD.com’s continued investment in technology, supply chain capabilities and long-term value creation for consumers, brands and partners.
Over the past year, JD.com has continued to strengthen its position as one of China’s leading retail platforms for brands while expanding the role of its AI-powered supply chain. Beyond enabling more efficient product circulation, the company is applying its technology and operational capabilities to a broader range of consumer and enterprise services, creating new opportunities for sustainable growth.
Building the World’s Largest Operational Platform for the Physical World
As AI rapidly reshapes industries worldwide, JD.com is focused on applying the technology where it creates measurable value in the real economy.
Leveraging more than two decades of supply chain expertise, JD.com is building the World’s Largest Operational Platform for the Physical World, integrating AI infrastructure, intelligent automation, connected devices and real-world operational scenarios across retail, logistics, healthcare and industrial services.
Today, the platform supports more than 3,000 supply chain scenarios, helping transform AI innovation into practical applications across industries and everyday life.
Across its logistics network, Langzu-Tech—JINGDONG Logistics’ intelligent automation solution—helps optimize warehousing, picking, transportation, sorting and fulfillment operations through highly coordinated Goods-to-Person technologies and intelligent operational systems, improving efficiency, flexibility and resilience across the supply chain.
Meanwhile, the JoyInside ecosystem continues to expand AI into everyday life, enabling a growing range of intelligent products—from AI-powered toys and companion devices to smart home appliances and healthcare equipment.
Extending Supply Chain Expertise into Modern Services
JD.com’s supply chain capabilities are also enabling a growing portfolio of services for businesses and consumers.
For enterprises, JD.com provides integrated solutions spanning retail, logistics, healthcare, industrial supply chains, technology and infrastructure services, helping businesses improve operational efficiency and build greater resilience.
For consumers, JD.com continues expanding services across everyday life—from home services, automotive care and travel to emerging areas such as senior care, pet services and robotics maintenance. By combining trusted services with supply chain expertise, JD.com is building a modern service ecosystem that supports both industries and households.
Expanding Global Capabilities
JD.com’s international business continues to make steady progress, helping global brands and Chinese brands connect with consumers worldwide.
Joybuy, JD.com’s online retail business in Europe, now operates in the United Kingdom, Germany, the Netherlands, France, Belgium and Luxembourg, combining localized operations with JD.com’s supply chain expertise to provide quality products, competitive prices and reliable services.
JINGDONG Logistics continues expanding its international fulfillment network. By the end of 2025, the company operated nearly 200 overseas, bonded and direct-shipping warehouses across 25 markets, strengthening cross-border logistics for brands worldwide.
Meanwhile, JoyExpress has expanded into Europe and Saudi Arabia, offering same-day and next-day delivery services in major cities across the UK, Germany, France and the Netherlands.
Investing in People
JD.com’s long-term competitiveness is built not only on technology, but also on its people. By the end of 2025, JD.com employed more than 900,000 people, making it the largest private-sector employer among Chinese companies on the Fortune Global 500. Total investment in employee compensation and benefits reached RMB 157.2 billion during the year.
The company recently announced an annual investment of more than RMB 10 billion to provide comprehensive social insurance and housing benefits for its full-time couriers and delivery riders. At the same time, JD.com continues expanding career development opportunities across 183 professions, including robotics maintenance engineers, professional home service specialists, etc., helping employees build new skills alongside the company’s evolving business.
JD.com remains committed to creating practical value through AI, supply chain innovation, and trusted services. By helping consumers live better and brands grow more efficiently, the company continues to strengthen its long-term global competitiveness.
(vivian.yang@jd.com)
Spain’s World Cup Triumph Opens New Opportunities for Spanish Brands in China
Spain’s FIFA World Cup victory has ignited celebrations around the world—and inspired Chinese consumers to bring a taste of Spain into their homes.
As fans celebrated Spain’s first World Cup title in 16 years, JD.com quickly turned the excitement into new opportunities for Spanish brands. Leveraging the strengths of JD Super, JD.com’s online supermarket, and JINGDONG Cross-Border, the company’s cross-border import business, JD.com connected authentic Spanish products with millions of consumers across China through its nationwide retail and supply chain network.
As Spain advanced from the Round of 16 to then lifting the World Cup, Chinese consumers’ enthusiasm for Spanish beers continued to build on JD Super. During this period, sales of Estrella Galicia 1906 Reserva Especial more than doubled compared with the previous stage, while Mahou’s Session IPA, an official LaLiga partner, saw sales increase by 85%. Premium Estrella Damm craft beer gift sets also recorded nearly 70% growth, highlighting Chinese consumers’ growing enthusiasm for authentic imported brands during major global sporting events.
Beyond beer, JINGDONG Cross-Border brought Spain’s culinary culture even closer to Chinese shoppers. Last week, the team partnered with popular content creators The Breeze Brothers to host four livestream sourcing sessions directly from Spain, including a behind-the-scenes broadcast from an Atlantic bluefin tuna fishing operation in partnership with Balfegó—a global pioneer in certified, responsible fishing and sustainable marine management. Through JD.com’s cross-border e-commerce fast-track model, more than 200 premium Spanish products—including Atlantic bluefin tuna, Bowo tuna, Baymar seafood, iHam Iberian ham, Codorníu Cava, Nomad Coffee and Pancracio chocolate—were introduced to the Chinese market, with many making their China debut. The livestreams attracted more than 500,000 cumulative views, while seafood and beverage products featured during the campaign generated over 6,300 orders on JINGDONG Cross-Border, demonstrating the growing appeal of authentic Spanish products among Chinese shoppers.
The World Cup also highlighted a broader shift in demand for imported products. During the tournament, searches for imported beer on JD Super increased by more than 30% year over year, while sales rose by over 60%. Meanwhile, JINGDONG Cross-Border’s dedicated Spanish fresh food sourcing page attracted nearly 270,000 unique visitors, demonstrating Chinese consumers’ growing appetite for premium products from around the world.
For international brands, these moments represent more than short-term demand, they create opportunities to build lasting connections with Chinese consumers. Backed by JD.com’s nationwide fast fulfillment network, digital merchandising expertise, livestream commerce ecosystem and trusted retail platform, JD.com helps international brands respond quickly to market trends while building long-term growth in China.
These efforts are further supported by JD.com’s “10 Billion GigaGrowth Plan”, an initiative designed to accelerate the introduction of premium international products through dedicated global buyers, localized marketing, omnichannel retail capabilities, and end-to-end supply chain support.
From celebrating global sporting moments to discovering authentic local specialties, JD.com continues to bring the world’s best products closer to Chinese consumers—while helping international brands unlock new opportunities in one of the world’s most dynamic consumer markets.
(vivian.yang@jd.com)
Carrier and JD.com Sign Strategic Cooperation Agreement to Jointly Build Retail Ecosystem for Comfort Solutions
BEIJING, July 24, 2026 — Carrier and JD.com announce new strategic cooperation at a signing ceremony at JD.com’s global headquarters in Beijing on July 23. The agreement means Carrier brands and businesses, including Toshiba HVAC and Carrier Residential & Light Commercial, will deepen their collaboration with JD.com to jointly build an omni-channel digital retail ecosystem for home comfort solutions, combining JD.com’s online e-commerce capabilities and extensive offline retail network.
Carrier is part of Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions. Listed on both Nasdaq and Hong Kong Stock Exchange, JD.com is China’s largest retailer by revenue and has over 700 million annual active customers.
Mark Kwok, President of Residential & Light Commercial Comfort Solutions, North Asia, Carrier, and Zhang Jing, lead of Residential Air Conditioning Division, JD Home Appliances, JD.com, attended the signing ceremony.
Mark Kwok, President of Residential & Light Commercial Comfort Solutions, North Asia, Carrier, said: “This strategic cooperation with JD.com marks an important milestone for Carrier to further strengthen our local presence and accelerate the transformation of our retail business in China, marking the evolution between Carrier and JD.com from limited channels collaboration to strategic synergy featuring diversified business operations, full-category coverage and end-to-end integration. Through collaboration with JD.com, Carrier will provide one-stop comfort solutions while enhancing the purchasing and user experience for local consumers. It also supports ongoing innovation and the evolution of its business model.”
Zhang Jing, Head of Residential Air Conditioning Division, JD Home Appliances, JD.com, said: “Our collaboration means we can build on our respective strengths to deepen collaboration across channel development, and service innovation. Our shared goal is to create greater value for consumers by bringing high-quality home appliances to market faster, offering more competitive pricing and delivering a consistently strong experience throughout the customer journey. This will not only help meet consumers’ growing expectations for a better quality of life, but also drive closer integration between online and offline channels and further improve the air-conditioning shopping experience.”
About JD.com
JD.com (NASDAQ: JD and HKEX: 9618), also known as JINGDONG, is a leading supply chain-based technology and service provider. The company’s cutting-edge retail infrastructure seeks to enable consumers to buy whatever they want, whenever and wherever they want it. The company has opened its technology and infrastructure to partners, brands and other sectors, as part of its Retail as a Service offering to help drive productivity and innovation across a range of industries. JD.com’s business has expanded across retail, technology, logistics, health, industrials, property development and more.
About Carrier
Founded by the inventor of modern air conditioning, Carrier is a world leader in high-technology heating, air-conditioning and refrigeration solutions. Carrier provides sustainable solutions, integrating energy-efficient products, building controls and energy services for residential, commercial, retail, transport and food service customers. Carrier China is a part of Carrier Global Corporation, global leader in intelligent climate and energy solutions, committed to creating innovations that bring comfort, safety and sustainability to life. For more information, visit www.carrier.com or follow us on WeChat Carrier_China.
Carrier. For the World We Share.
About Toshiba HVAC
Since 1935, Toshiba HVAC has insisted on innovation, committed to providing Chinese consumers with comfortable, quiet, clean, and reliable indoor climate solutions through energy-saving and eco-friendly technologies. Toshiba HVAC is part of Carrier Global Corporation (NYSE: CARR), a leading global provider of intelligent climate and energy solutions, always dedicated to delivering comfortable, safe, and sustainable living through innovation. For more information, please visit https://www.toshiba-airconditioning.com.cn/dongzhi.
Costco Launches Official Store on JD.com with Fast Delivery Nationwide in China
JD.com and Costco China announce a new strategic partnership on July 22, making JD.com Costco’s sole official e-commerce platform partner in China. By combining Costco’s curated product selection with JD.com’s nationwide supply chain and logistics infrastructure, consumers across the country can now order Costco’s offerings online with fulfillment as fast as same-day.
The official flagship store launched for trial operation in late May on JD.com currently features about 700 product types across core retail categories, including snacks, food staples, personal care, beauty, household paper products, and nutritional supplements. In its first month of pilot operation, the storefront generated strong customer enthusiasm, drawing over 30 million visitors and securing nearly 200,000 store followers. High-demand items under Costco’s private brand, Kirkland Signature, such as its signature pistachios, experienced rapid sell-outs and repeated inventory restocking.
To lower purchase barriers and extend brand accessibility beyond physical store locations, the online flagship now offers flexible fulfillment starting from RMB 99 (~$13.80 USD) and allows customers to shop online without requiring an offline Costco membership card.
“Partnering with JD.com marks a pivotal step in scaling Costco’s business in China by transcending the physical footprint of our membership warehouses,” said Costco China . “Leveraging JD.com’s established online platform and extensive logistics network enables us to break regional limitations, extend our reach into broader markets, and efficiently deliver Costco’s signature merchandise and service value to consumers nationwide.”
“JD.com reaches over 700 million active users who prioritize both premium quality and value—a demographic that seamlessly aligns with Costco’s customer base,” said a spokesperson for JD Super, the online supermarket business under JD Retail. “By leveraging our omni-channel marketing resources and nationwide supply chain, we look forward to helping inject new vitality into Costco’s growth in China.”
As Costco celebrates its 50th anniversary this year, this exclusive partnership brings together two retail leaders with a shared commitment to quality, value and customer experience. It also reinforces JD.com’s role as China’s most effective platform for brand building and sales acceleration, trusted by many of the world’s leading brands to grow their business in China. JD.com and Costco will continue to focus on consumer demand by expanding online product categories, deepening supply chain coordination, exploring customized product offerings, and enhancing member benefits to provide a seamless e-commerce experience across China.
(vivian.yang@jd.com)
JINGDONG Property and Saudi Ports Authority Partner to Develop State of the Art Warehousing Facilities at Jeddah Port
Jeddah, Saudi Arabia, 20 July 2026 – JINGDONG Property, the infrastructure asset management and development arm of JD.com, has signed an agreement with the Saudi Ports Authority (Mawani) to develop Grade-A warehousing facilities within Jeddah Islamic Port and the local logistics centers.
The new partnership was announced at a signing ceremony in Jeddah. His Excellency, Eng. Saleh Al-Jasser, Minister of Transport and Logistics Services, and His Excellency, Eng. Suliman Al-Mazroua, President of the Saudi Ports Authority, attended the signing ceremony.
As Saudi Arabia’s largest import and export gateway, Jeddah Islamic Port handles approximately 70% of the Kingdom’s seaborne imports and serves as an important logistics node connecting Asia, Europe and Africa. Growing trade flows through the port are driving sustained demand for modern storage and distribution facilities along the adjacent logistics corridor.
The development is expected to serve third-party logistics providers, e-commerce companies, manufacturers, retailers and beyond. JINGDONG Property also plans to introduce JD.com’s next generation logistics infrastructure including automation and smart warehousing technology to drive operational excellence and strengthen regional supply chain resilience.
The agreement is a part of JINGDONG Property’s long-term commitment to Saudi Arabia and its strategy to build a portfolio of high-quality logistics and industrial assets across the Kingdom. The company continues to invest in strategic locations that support economic growth, attract foreign investment, and meet the increasing demand for modern logistics facilities. These efforts support the priorities of Saudi Vision 2030 and the Kingdom’s ambition to reinforce its position as a global logistics hub.
“Saudi Arabia is a strategic market for JINGDONG Property, and this project reflects our long-term commitment to the Kingdom and our confidence in the future of Jeddah Port,” said a spokesperson for JINGDONG Property. “By leveraging our capabilities in high-standard warehouse development, intelligent operations and asset management, we aim to build world-class logistics assets that strengthen supply-chain resilience and contribute to the priorities of Saudi Vision 2030.”
JINGDONG Property will continue to expand its presence in Saudi Arabia and the wider region. Working with government and industry partners, the company aims to develop additional high-standard, technology-enabled logistics infrastructure that supports regional trade and more resilient supply chains.
About JINGDONG Property, Inc.
JINGDONG Property, Inc., also known as JD Property, is a leading and rapidly growing modern infrastructure investment and asset management company of JD.com, Inc. Its business includes investment, development and asset management of logistics parks, business parks, data centers and others. As the cornerstone of JD.com’s supply chain ecosystem, JINGDONG Property is equipped with deep insights into merchandise and logistics flows and has a unique ability to integrate business resources. Leveraging our core competencies across infrastructure assets, development expertise, service capabilities and actionable insights, we provide bespoke, holistic and intelligent infrastructure. As of December 31, JINGDONG Property manages more than 280 infrastructure projects and over 27 million square meters of properties in China and worldwide.