JD.com's recent development is recognized by Fortune, as it describes: "With nearly 500 million customers, JD.com's revenue soared 40% to $32 billion in the first quarter of 2021, compared with the previous year, buoyed by resurgent demand from Chinese customers emerging from the pandemic and new partnerships with popular brands like Starbucks and sports retailer Decathlon."
Over the past six years, JD.com has moved up 307 places on the list from its first appearance at 366th in 2016, representing the unique advantage of JD's business model based on supply chain ability and the economies of scale realized after years of investment.
The company has transitioned from a top retail platform to a leading supply chain-based technology and service company with businesses ranging from retail, technology, logistics, health, insurance, property development, industrial products and services, plus international business.
In 2018, together with Central Group, JD.com launched JD CENTRAL to further its international business expansion in Southeast Asia.