JD.com Introduces Enhanced Enterprise Procurement Platform

Leverages JD.com's Advantages to Provide Simpler, Faster and More Efficient Platform for Making Major Enterprise Purchases Online

Company Joins Enterprise Procurement Alliance of Leading Global Suppliers

BEIJING, July 28, 2015 (GLOBE NEWSWIRE) -- JD.com, Inc. (Nasdaq:JD), China's largest online direct sales company, today unveiled an enhanced version of its online enterprise procurement platform, JD Enterprise, and announced that it has joined an alliance of leading companies from across the enterprise procurement industry to provide faster, more convenient and more cost-effective procurement solutions to corporate customers across China.

The JD Enterprise Intelligent Procurement Platform, launched in late 2014, uses data-driven insights to make the procurement process more efficient for both suppliers and customers. The new services unveiled today will enable corporate customers to manage more of their procurement functions directly via JD Enterprise, reducing costs and raising efficiency.

"Capturing more of the enterprise procurement sector is an important priority for JD.com, and this move to provide an even more convenient, user-friendly and cost effective procurement platform is a big step towards further cementing our leadership position," said Chunzheng Song, General Manager of JD Enterprise. "The added ease of making major enterprise purchases on our platform builds on JD.com's industry-leading differentiators in the areas of product authenticity and delivery speed."

The new services were unveiled at an event in Beijing today where JD.com joined with leading suppliers, independent software vendors and service providers, including Lenovo, HP and Canon, to announce a new enterprise procurement alliance. The members of the alliance will work together to build an integrated enterprise procurement ecosystem that will provide logistics, financing and data-related support to enable companies to enhance their online procurement capabilities.

The new initiatives build on JD.com's successful procurement platform, JD Enterprise (b.jd.com), which is one of China's leading enterprise procurement channels. Serving large, medium and small enterprises, as well as public sector clients, JD Enterprise simplifies the procurement process by providing a range of ecommerce-based customized procurement services. JD.com also offers a range of financing options to customers through its enterprise financing arm, JD Jincai.

About JD.com

JD.com, Inc. is the largest online direct sales company in China. The company strives to offer consumers the best online shopping experience. Through its content-rich and user-friendly website jd.com and mobile applications, JD.com offers a wide selection of authentic products at competitive prices and delivers products in a speedy and reliable manner. The company believes it has the largest fulfillment infrastructure of any e-commerce company in China. As of March 31, 2015 JD.com operated 7 fulfillment centers and a total of 143 warehouses in 43 cities, and in total 3,539 delivery stations and pickup stations in 1,961 counties and districts across China, staffed by its own employees. The company provides standard same-day delivery in more than 130 counties and districts, and standard next-day delivery in more than another 850 counties and districts across China.


Josh Gartner
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Ruiyu Li
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