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JD.com Granted One of China's First Virtual Telecom Licenses

Sets goal of becoming China's fourth largest mobile carrier within five years
2013-12-26 19:23 1597

BEIJING, December 26, 2013 /PRNewswire/ -- JD.com, a leading B2C e-commerce company in China, today announced that China's Ministry of Industry and Information Technology has awarded the company one of the first licenses in China to resell mobile telecom services.

JD.com's Vice Chairman Guoqing Zhao commented, "The combination of being China's biggest seller of mobile phones and our deep existing relationships with the country's three major telecom companies makes this move into core mobile communications services a logical next step. The largely 23-45 year-old make up of JD.com's 140 million registered users, which closely matches the biggest growth segment of the mobile phone market, will help us achieve our goal of becoming China's fourth largest mobile carrier within five years."

Mr. Zhao continued, "JD.com will use the trusted relationship we have with our customers to offer a full range of voice and data plans, and will leverage our outstanding technology resources to provide additional services that are currently in development. We believe that JD.com's entry into the mobile carrier market will promote industry development, technological innovation and greater choice for Chinese consumers. The additional customers that these new services will bring to JD.com will also provide a significant boost to our already large and rapidly growing user base."

About JD.com:

JD.com is a leading B2C e-commerce company in China. The Company strives to offer consumers the best online shopping experience with the most trusted authentic quality products. The Company provides a comprehensive service platform for its business partners and a huge selection of high quality products, convenient services and affordable prices for its consumers. As of November 2013, JD.com has more than 140 million registered users and tens of thousands of suppliers across China. JD.com offers more than 10 million SKUs across 13 categories of products. JD.com has 7 major fulfillment centers, as well as more than 1,400 delivery stations and more than 300 pickup stations, covering nearly 1,300 districts and counties nationwide. For more information, please visit www.JD.com.

For Media Inquiries:

Josh Gartner
Brunswick Group
+86 10 5960 8600
JD@brunswickgroup.com

Source: JD.com
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