It is not as simple as one-step construction. Jingdong’s website has been upgraded many times, the team has been expanded, and the money is not invested all at once. Jingdong’s investment, from the beginning to the present, has been a gradual investment process, financing, spending, and continuing the cycle: 1.2007
In August of this year, it received the first batch of financing of US$10 million from Capital Today.
In January 2009, it received a joint capital injection of US$21 million from Capital Today, Xiongniu Capital and Liang Botao Private Company.
In April 2011, it received financing totaling US$1.5 billion from 6 funds and individuals including Russia's DST, Tiger Fund, and Sequoia Capital.
In November 2012, it received a total of US$400 million in financing from Canada’s Ontario Teachers’ Pension Fund and Tiger Management.
In February 2013, it received a total of US$700 million in financing from Canada’s Ontario Teachers’ Pension Fund and Kingdom Holdings Company.
In March 2014, it received a cash strategic investment of US$214 million from Tencent, and Tencent obtained a 15% stake in JD.com.
On May 22, 2014, JD.com listed on Nasdaq, with a financing amount approaching US$2 billion. 2. JD.com’s growth is also a result of continuous reform, innovation, and constant burning of money.
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On June 18, 1998, Mr. Liu Qiangdong started his own business in Zhongguancun and established JD.com.
In June 2001, JD.com became the most influential agent in the field of opto-magnetic products, with sales volume and influence second to none in the industry.
In January 2004, JD.com opened an experimental field for entrepreneurship in the field of e-commerce. JD.com Multimedia Network was officially launched and a new domain name was launched.
In July 2004, JD.com's first instant auction system in the country, JD.com's auction house, officially opened. It has now become one of the targets of imitation by major IT e-commerce websites.
In November 2005, the daily order processing volume of Jingdong Multimedia Network steadily exceeded 500.
In fact, JD.com was a high-cost operation from the beginning. There was no solid foundation to back it up, and there was no question of money. With the foundation and money, JD.com’s entire e-commerce system developed.
In January 2006, JD.com announced its entry into Shanghai and established a wholly-owned subsidiary in Shanghai.
?In June 2006, JD.com pioneered the industry. The country's first professional blog system with products as the main object - JD Product Blog System was officially opened.
? In June 2006, JD.com won the title of the most popular IT product online merchant in the "Online Banking Cup" 2006 Super Online Business Selection event jointly sponsored by third-party electronic payment company Online Banking and China Computer News.
?In May 2007, JD.com’s wholly-owned subsidiary in Guangzhou was established to fully develop the South China market.
The establishment of the Guangzhou wholly-owned subsidiary represents the formation of JD.com’s nationwide sales network based in Beijing, Shanghai and Guangzhou.
?In June 2007, Jingdong Mall’s daily order processing volume exceeded 3,000.
? Jingdong Mall Office Building In June 2007, after the successful revision, Jingdong Multimedia Network was officially renamed Jingdong Mall, standing tall in the domestic B2C market with a brand-new look.
? In June 2007, JD.com officially launched a new domain name and successfully revised it.
?In July 2007, JD.com established three major logistics systems in Beijing, Shanghai and Guangzhou, with a total logistics area of ??more than 50,000 square meters.
?In August 2007, JD.com won the favor of Today Capital, a well-known international venture capital fund, and raised tens of millions of US dollars in its first batch of financing.
?In October 2007, JD.com launched mobile POS door-to-door card swiping services in Beijing, Shanghai and Guangzhou, pioneering e-commerce in China.
?In June 2008, Jingdong Mall started selling flat-panel TVs in early 2008, and in June it expanded its product lines of major appliances such as air conditioners, refrigerators, and televisions one by one.
It marks that JD.com has completed the establishment of a full line of 3C products on the occasion of its tenth anniversary and has become a veritable 3C online shopping platform.
?In January 2009, JD.com received a joint capital injection of US$21 million from Capital Today, Bull Capital and the private company of Mr. Liang Botao, a famous Asian investment banker.
It is also the first financing received by a Chinese e-commerce company since the outbreak of the financial crisis in 2008.
?In February 2009, Jingdong Mall tried to sell special door-to-door services. This move became an important breakthrough in exploring the field of B2C value-added services and another manifestation of product diversification.
? In March 2009, Jingdong Mall’s monthly sales exceeded 200 million yuan, becoming the first and only domestic B2C e-commerce company with monthly sales exceeding the 200 million yuan mark.
?In June 2009, Jingdong Mall’s monthly sales exceeded 300 million yuan, which was the same as the full-year sales in 2007.
At the same time, the daily order processing capacity exceeded 20,000 orders.
?On December 23, 2010, Jingdong Mall’s group buying channel was officially launched on December 23, 2010. All registered users of Jingdong Mall can directly participate in group buying.