JD.com Records GMV of RMB 159 Bln during 18-day '618' Promotion

Sina Tech, 6/19/18

Chinese B2C e-commerce platform JD.com (Nasdaq: JD) said today that gross merchandise volume for the "618" (June 18) e-commerce holiday period (12:00AM June 1, 2018 through 11:59PM June 18, 2018) reached RMB 159.2 bln. Order volume for warehouse-dispatched goods grew by more than 37% YoY and 90% of orders for self-operated products were fulfilled through same-day or next-day shipment.

In addition, JD.com partnered with more than 500,000 offline merchants to organize an online-offline "boundary-less carnival" event. During the 618 e-commerce holiday period, JD.com also operated 27 unmanned warehouse projects which contributed to increasing order handling capacity by 1,415% YoY.

JD.com online financing and retail investment platform JD Finance said that active users of its online small consumer loan service JD Baitiao grew by 167% YoY, and total loan support for merchants and users grew by 348% YoY.

Keywords: JD Baitiao e-commerce Internet B2C GMV JD.com JD JD Finance logistics marketing online lending financial services

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