JD.com: Coronavirus (COVID-19) Company impact

JD.com: Coronavirus (COVID-19) Company impact



Summary



JD.com was better placed than its competitors in China to cope with the effects of COVID-19, due to a mix of factors such as its low dependence on physical stores and an efficient distribution network covering the whole country



JD.com’s vast range of products across multiple sectors mitigated operational risks arising due to COVID-19, and made the retailer well equipped to absorb the shock of sudden change in purchasing habits compared to more exposed specialist players.



The Coronavirus (COVID-19) company impact report analyses how the pandemic will impact JD.com’s performance.



Scope



– JD.com is expected to have a better than estimated 2020 – with annual revenue forecast to grow 23.1% on 2019 to US$111.8 bn.

– JD.com benefitted from its subsidiaries 7fresh and JD logistics — serving customer needs for essential goods in a timely and efficient manner – outstripping the services provided by many grocery specialists.

– JD.com proactively reacted to the the unprecedented demand online, bringing offline stores online using its cloud solution sourced on WeChat’s mini program platform



Reasons to Buy



– Use our revised 2020 forecast for JD.com to understand how it will perform this year.

– Use our charts to review how JD.com’s sales are split by region globally and how these regions have been impacted by COVID-19.

– Use our in-depth analysis to review how JD.com has responded to COVID-19 and how this will affect its performance.



Companies Mentioned:

Vip.com

RT Mart

Chongqing Department Store

Alibaba

Yonghui Superstores Group

Walmart

Amazon

Ritesh Tiwari is the Founder of Research By Markets. He has more than 7 years experience in the Market Research industry and a total experience spanning 18+ years. His core experience is in Sales and International Recruitments. Ritesh is a big foodie and a huge football fan, supporting Manchester United (EPL) and FC Barcelona (La Liga). He hardly misses watching any matches when these teams are playing. Get in touch with Ritesh via: enquiry@researchbymarkets.com *Industry Press Release is a part of Research By Markets.