{"id":3406,"date":"2014-03-10T15:26:36","date_gmt":"2014-03-10T15:26:36","guid":{"rendered":"https:\/\/examinechina.com\/blog\/?p=313"},"modified":"2023-01-06T10:43:56","modified_gmt":"2023-01-06T10:43:56","slug":"tencent-acquires-jd-com","status":"publish","type":"post","link":"https:\/\/www.examinechina.com\/tencent-acquires-jd-com\/","title":{"rendered":"Tencent acquired JD.com shares"},"content":{"rendered":"\n<p>Tencent acquired a 15% stake of JD.com for $214M. What does it mean to Chinese B2C e-commerce?<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Chinese e-commerce market consolidation<\/h2>\n\n\n\n<p>China accounts for more than 50% of global online retail. There are two major players in the Chinese B2C e-commerce market, and one of them made an important move. China\u2019s Tencent Holding, the owner of QQ and WeChat messengers, bought a 15% stake in JD.com for $215 m.<\/p>\n\n\n\n<p>JD.com is one of the most popular B2C e-commerce platforms. <a href=\"http:\/\/jd.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">JD.com<\/a> (previously 360buy.com) is convenient, reliable, and very popular among customers, who can purchase high-premium products at reasonable prices. In major cities, the goods are delivered within 24 hours. The online marketplace was launched in 2004. In 2012, JD.com had a 15.5% market share, through the years, it has grown to 24%. JD focuses on high-premium:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>3C (computer, communication, and consumer electronics)<\/li>\n\n\n\n<li>consumer durable products.<\/li>\n<\/ul>\n\n\n\n<p>The main competitor of JD.com is Taobao, owned by <a href=\"https:\/\/examinechina.com\/blog\/alibaba-group\/\">Alibaba Group<\/a>. Taobao has been the leading C2C platform for a long time and is also developing its own division Tmall.com, which offers B2C interactions, facilitating the sale of foreign brand products. Taobao\u2019s main strength is Alipay escrow-based payment system, which secures transactions between buyers and sellers.<\/p>\n\n\n\n<p>Alibaba and JD.com are the largest B2C e-Commerce market players in China, with a joint market share of more than 60%.<\/p>\n\n\n\n<p>Tencent gets most of its revenue from computer and mobile games. The <a href=\"https:\/\/examinechina.com\/blog\/trends-and-statistics-of-chinese-e-commerce\/\">fast development of Chinese e-commerce <\/a>may radically change its income structure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tencent acquired a 15% stake of JD.com for $214M. What does it mean to Chinese B2C e-commerce? Chinese e-commerce market consolidation China accounts for more than 50% of global online retail. There are two major players in the Chinese B2C &#8230; <a title=\"Tencent acquired JD.com shares\" class=\"read-more\" href=\"https:\/\/www.examinechina.com\/tencent-acquires-jd-com\/\" aria-label=\"Read more about Tencent acquired JD.com shares\">Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":3294,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[1],"tags":[82,122,123,124],"class_list":["post-3406","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-chinese-e-commerce","tag-e-commerce","tag-jd","tag-tencet","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-50"],"_links":{"self":[{"href":"https:\/\/www.examinechina.com\/wp-json\/wp\/v2\/posts\/3406","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.examinechina.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.examinechina.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.examinechina.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.examinechina.com\/wp-json\/wp\/v2\/comments?post=3406"}],"version-history":[{"count":4,"href":"https:\/\/www.examinechina.com\/wp-json\/wp\/v2\/posts\/3406\/revisions"}],"predecessor-version":[{"id":5847,"href":"https:\/\/www.examinechina.com\/wp-json\/wp\/v2\/posts\/3406\/revisions\/5847"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.examinechina.com\/wp-json\/wp\/v2\/media\/3294"}],"wp:attachment":[{"href":"https:\/\/www.examinechina.com\/wp-json\/wp\/v2\/media?parent=3406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.examinechina.com\/wp-json\/wp\/v2\/categories?post=3406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.examinechina.com\/wp-json\/wp\/v2\/tags?post=3406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}