Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

JD com : Imported New Season's Cherries from Chile

10/25/2021 | 06:34am EST

by Mengyang He

On October 25, thanks to the cooperation between JD Fresh and the leading exporter from Chile, Garces Fruit, China's first imported Chilean cherries of the 2021 new season arrived in Shanghai, which hit the spot during the pre-sale of the 2021 Singles Day Grand Promotion.

China is the world's largest market for Chilean cherries, with more than 85% of cherries available in China imported from Chile. China is expected to consume one third of the cherries worldwide. In the 2020 season, JD Fresh's cherry sales reached nearly RMB 500 million yuan. Because of the continuous enhancement of JD's overseas direct sourcing supply chain, JD Fresh will directly procure more than 1.8 million boxes (5 kg/box) of cherries from Chile by the end of 2022, and the overall sales are expected to exceed RMB 1 billion yuan. As of October 22, 2021, the pre-sale volume of JD Fresh cherries increased by 150% YOY.

Cherries in process

This year, JD Fresh focuses on overseas direct sourcing and the upstream supply chain, and its partnership with Garces Fruit has ensured premium supply and high-quality products.

In order to strictly control the quality of imported cherry, JD.com established a full-process guarantee system, focusing on the three aspects of pre-sales, in-sales, and after-sales in response to multiple pain points such as cherry varieties, specifications, net weights, and quality.

Image of Chilean cherry product

The epidemic prevention standards have also been upgraded. With triple-strength quality inspection, JD checks the quality of the Chilean packaging plant, the port of arrival, and JD Fresh's self-operated warehouse. In addition to having a QR code for tracking, each batch of cherries can only be admitted to the JD warehouse in the condition of having a COVID-19 test report, inspection & quarantine certificate for entry goods, and a sanitization report.



JD.com Inc. published this content on 25 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 October 2021 10:33:08 UTC.

ę Publicnow 2021
All news about JD.COM, INC.
10:12aJD LOGISTICS : Technology and New Trend of Unmanned Vehicle Deliveries
12/02CNLP Seeks Bondholders' Nod to Amend Terms of 6.95% Bonds on JD.com Takeover; JD.com Sl..
11/26JD.COM'S BLACK FRIDAY : Cross-Border Sales and International Logistics Backing
11/26JD COM : Beauty Kicks off Black Friday with Iconic Cosmetic Items
11/25JD COM : SEVEN FRESH Expands Presence in China's Greater Bay Area
11/25JD.com-backed Dada Nexus Widens Losses in Q3 as Costs Outweigh Revenue Growth
11/25MarketScreener's World Press Review - November 25, 2021
11/25JD COM : Health Launches Online Psychiatric Service with Wuxi Partner
11/24JD COM : Logistics Helps China Southern Power Grid Warehouse Go Smart
11/24DADA Q3 2021 EARNINGS : Revenue Growth Accelerates to 86% YOY, Deepens Ties with JD.com
More news
Analyst Recommendations on JD.COM, INC.
More recommendations
Sales 2021 952 B 149 B 149 B
Net income 2021 3 820 M 599 M 599 M
Net cash 2021 114 B 17 816 M 17 816 M
P/E ratio 2021 296x
Yield 2021 -
Capitalization 837 B 131 B 131 B
EV / Sales 2021 0,76x
EV / Sales 2022 0,61x
Nbr of Employees 314 906
Free-Float 83,5%
Chart JD.COM, INC.
Duration : Period :
JD.com, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends JD.COM, INC.
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 37
Last Close Price 538,60 CNY
Average target price 678,88 CNY
Spread / Average Target 26,0%
EPS Revisions
Managers and Directors
Qiang Dong Liu Chairman & Chief Executive Officer
Lei Xu President
Ran Xu Chief Financial Officer
Nan Li Director-Strategy & Operations
Cheng Feng He Chief Compliance Officer
Sector and Competitors
1st jan.Capi. (M$)
JD.COM, INC.-3.91%131 189
AMAZON.COM, INC.5.54%1 743 249
ETSY, INC.40.27%31 639
WAYFAIR INC.4.70%24 717
MOMO.COM INC.237.77%10 692
MONOTARO CO., LTD.-16.99%9 576