Jingdong Posts Small Profit in Q1-Q3 2013

Ebrun.com, 12/23/13

Beijing-based B2C e-commerce platform Jingdong has released financial performance figures for the first three quarters of 2013, revealing that the company achieved a small profit during the period. Jingdong's total gross merchandise volume (GMV) (including the Jingdong open platform) exceeded RMB 100 bln in Q1-Q3 2013.

Jingdong CEO Richard Liu also announced five strategic areas of development for the company in 2014, including technology, internationalization, online to offline (O2O), financial services, and distribution channels. Of these, financial services will be a major focus, with financial service division managers reporting directly to Liu.

Keywords: Richard Liu e-commerce Internet profit B2C GMV Jingdong Q3 2013 financial services

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