1. Startup

China-Based JD.com Prepares a Local Website for Indonesia

We just heard a rumor saying that China-based e-commerce giant JD.com is preparing to enter Indonesia. Using JD.id domain, which costs Rp 500 million alone, JD.com will follow AliExpress, that entered Indonesia few months ago.

According to our investigation at PANDI’s whois, JD.id was purchased last April and lastly updated in August. The contact directly refers to JD.com’s information, and RumahWeb becomes the medium of the transaction.

Registrant Name:Domain Admin Registrant Organization:BEIJING JINGDONG 360 DU E-COMMERCE LTD Registrant Street1:Chaolin Square,Ronghua Road Registrant Street2:E-town Development Area,Daxing District Registrant City:Beijing Registrant State/Province:Beijing Registrant Postal Code:100176 Registrant Country:CN Registrant Phone:+86.01050958005 Registrant FAX:+86.01050957958 Registrant Email:jdym[at]jd.com

We have yet any information on when JD.id will launch the services, but one thing for sure, they will target the consumer electronics market, especially gadget, which is the company’s core business in China. The economic issue China faces recently might be the triggert for the company to make its entrance in Indonesia.

JD.com, also known as Jingdong Mall, is an e-commerce service that has been public at NASDAQ and launched its own international service since 2012. This Richard Liu-founded company is currently one of the biggest B2C e-commerce services in China in terms of sales volume.

In 2014, it collected up to $18 billion, as the company has hired more than 62,000 employees to date. Tencent owns 15% of JD.com’s shares and its presence here in Indonesia will add more competition to local B2C marketplace segment, which is predicted to reach $25 billion in 2016.