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

Pre-sale Report: JD 2021 Singles Day Grand Promotion Opens Strong

10/22/2021 | 08:44am EST

by Mengyang He

On October 20, the 2021 Singles Day Grand Promotion began with the pre-sale rolling in at 8 pm (Beijing time). The number of customers who placed orders within the first four hours increased by nearly 40% compared with the first day of the pre-sale in 2020. The first order delivered by JD's on-demand "Shop Now" service was swiftly fulfilled within only 10 minutes.

According to the statistics, an increasing amount of young people joined the pre-sale as consumers aged 18-35 accounted for over 70% during the pre-sale period. Since many brands also opened pre-sales at 8 pm, they swiftly shattered the pre-sale record set on the first entire day of the pre-sale last year.

This shopping enthusiasm was fully ignited across China. Within the first four hours of the pre-sale, Guangdong, Jiangsu, and Beijing took the top 3 in order amounts; and when it comes to the product category, large appliances took the lead, followed by phones, sport shoes and bags, and facial care products. Haier ranked the most popular brand out of all the large appliances during the pre-sale period, and Siemens came after.

On computers and digital products, hardware devices for education purposes came out strong. Xiaomi, Huawei, and OPPO were also among some of the highly popular tech products, as the pre-sale order volume for Xiaomi phones in the very first hour exceeded that of the first entire day last year. Within the first four hours of the pre-sale, order amounts of OPPO phones this year increased by 227% YoY.

Last, it is worth highlighting that JD Smart Customer Service, which operates around the clock, provided customer enquiry service 10 million times within the first four hours of the pre-sale.



JD.com Inc. published this content on 22 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 October 2021 12:43:06 UTC.

ę Publicnow 2021
All news about JD.COM, INC.
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
11/23Beijing Slaps Fines on Baidu, CITIC Bank Over Anticompetitive Behavior
11/23Asian ADRs Move Lower in Tuesday Trading
More news
Analyst Recommendations on JD.COM, INC.
More recommendations
Sales 2021 953 B 149 B 149 B
Net income 2021 3 703 M 580 M 580 M
Net cash 2021 114 B 17 778 M 17 778 M
P/E ratio 2021 312x
Yield 2021 -
Capitalization 873 B 137 B 137 B
EV / Sales 2021 0,80x
EV / Sales 2022 0,64x
Nbr of Employees 314 906
Free-Float 69,5%
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 36
Last Close Price 566,81 CNY
Average target price 678,72 CNY
Spread / Average Target 19,7%
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.0.88%137 728
AMAZON.COM, INC.7.60%1 777 329
ETSY, INC.63.78%36 941
WAYFAIR INC.22.41%28 898
MOMO.COM INC.243.99%10 640
ALLEGRO.EU SA-50.41%10 316