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On May 25th, JD.com held a press conference to kick off its 17th 618 Grand Promotion. JD will offer the largest amount of discounts ever during the promotion this year. The company will provide RMB 10 billion yuan in subsidies, hundreds of billions of discounts and 10 billion consumption coupons and will also host over 300,000 key livestreams during 618.

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On May 27th, JD Retail, the retail business of JD.com, announced a strategic partnership with Kuaishou Technology, China's leading video sharing and livestreaming platform, to develop a short video e-commerce livestreaming ecosystem. JD will provide selected first-party products to Kuaishou's little shops. Kuaishou users will be able to purchase without leaving the Kuaishou app, and enjoy fast delivery and after-sales service provided by JD.

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To celebrate JD's 17th 618 Grand Promotion, JD.com and Shanghai Animation Film Studio released a micro movie 'JOY Story III: Returning to No. 618'. The micro movie tells of the journey of JD's JOY, who is brave and smart, with classical Chinese animation figures including Monkey King and Nezha.

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JD Worldwide, JD.com's platform for imported products, held its first-of-the-year online business development conference with the Korean International Trade Association (KITA) to recruit Korean brands.

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To prepare for this year's 618, JD has expanded its highly automated Asia No.1 logistics parks network to 28 parks, which can increase same or next day delivery service coverage, especially for lower tier markets. The three new parks are in Langfang, Hebei province, Dezhou, Shandong province and Zhengzhou, Henan province.

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JD.com Inc. published this content on 29 May 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 May 2020 09:30:06 UTC