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9	9	* JD.com is China’s leading one-stop e-commerce platform with over 580 million active customers.
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13	13	[[image:JD0.png||height="405" width="721"]]
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48	48	Net revenues for the third quarter of 2023 were RMB247.7 billion (US$134.0 billion), an increase of 1.7% from the third quarter of 2022.
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51		-Income from operations for the third quarter of 2023 was RMB9.3 billion (US$1.3 billion), compared to RMB8.7 billion for the same period last year. Non-GAAP2 income from operations was RMB11.1 billion (US$1.5 billion) for the third quarter of 2023, as compared to RMB9.9 billion for the third quarter of 2022. Operating margin of JD Retail before unallocated items for the third quarter of 2023 was 5.2%, maintained the same level as the third quarter of 2022.
	50	+Income from operations for the third quarter of 2023 was RMB9.3 billion (US$1.3 billion), compared to RMB8.7 billion for the same period last year. Non-GAAP income from operations was RMB11.1 billion (US$1.5 billion) for the third quarter of 2023, as compared to RMB9.9 billion for the third quarter of 2022. Operating margin of JD Retail before unallocated items for the third quarter of 2023 was 5.2%, maintained the same level as the third quarter of 2022.
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54	54	Net income attributable to the company’s ordinary shareholders for the third quarter of 2023 was RMB7.9 billion (US$1.1 billion), compared to RMB6.0 billion for the same period last year. Non-GAAP net income attributable to the company’s ordinary shareholders for the third quarter of 2023 was RMB10.6 billion (US$1.5 billion), as compared to RMB10.0 billion for the same period last year.
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90	90	|Year|Milestone
91	91	|1998|On June 18, Richard Liu committed RMB12,000 of his savings to lease a four-square-meter retail unit in Beijing’s technology hub of Zhongguancun. Here he established JD Multimedia, the business that would eventually become JD.com.
92	92	|2003|When the SARS outbreak affected the country, Richard saw an opportunity amid the difficulty to harness the potential of the Internet to support his business and began selling products online.
93		-|2004|Richard closed his brick-and-mortar store and moved his business online. [[www.jdlaser.com>>url:http://www.jdlaser.com]], the earliest online predecessor of JD.com was launched.
	92	+|2004|Richard closed his brick-and-mortar store and moved his business online. www.jdlaser.com, the earliest online predecessor of JD.com was launched.
94	94	|2008|In October 2008, JD Mall began offering general merchandise, transforming the business from an electronics retailer to a full-fledged e-commerce platform.
95	95	|2010|In December, JD launched its online marketplace platform, which enabled the company to expand the range of product choices for consumers.
96	96	|2014|In March, JD formed a strategic partnership with Tencent, giving JD exclusive access to Tencent’s WeChat and Mobile QQ platforms. On May 22, JD became China’s first major e-commerce company to list on New York’s NASDAQ stock exchange, under the ticker ‘JD.’ In July, JD Finance launched China’s largest crowdfunding platform. In October, the company’s automated and most advanced logistics center, the Asia No. 1 Warehouse in Shanghai, began operations.
97	97	|2016|In June, JD.com and Walmart announced a strategic alliance. As part of the agreement JD took control of Yihaodian’s marketplace, Walmart acquired a 5% stake in JD.com and they agreed to a number of different areas of cooperation covering the online and O2O areas of the two companies’ businesses in China.
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100	100	= References =
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