On October 12, JD-SW rose 3.03% in regular trading to HK$108.8, with turnover of HK$622 million. The move was driven by the simultaneous launch of the 2026 Double 11 shopping festival and intensified rollout of offline high-end lifestyle formats.
The company officially started its Double 11 promotion on the evening of October 12, adopting a spot-sale model without deposit or final payment steps, which was seen as a direct competitive move to capture first-mover advantage against Tmall's pre-sale model. Separately, JD.com has been advancing its offline strategy with the recent opening of JD 101HOME, a 10,000-square-meter global flagship store in Shanghai's Jing'an Temple area, integrating furniture, home appliances, 3C digital products, dining, culture, and AI technology.
JD.Com Inc is a holding company that operates e-commerce business, including self-operated and platform models, through its retail mobile application and www.jd.com website. The company operates through three segments: JD Retail, JD Logistics, and New Businesses, serving domestic and overseas markets.
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