JD.com Announced Renewed Strategic Cooperation with Tencent
29 Junho 2022 - 8:00AM
JD.com, Inc. (the “Company” or “JD.com”) (Nasdaq: JD; HKEx: 9618),
a leading supply chain-based technology and service provider, today
announced that it renewed the strategic cooperation agreement
with Tencent for a period of three
years. Tencent will continue to offer the Company
prominent Level I and Level II access points on its Weixin platform
to provide traffic support, and the two parties also intend to
continue to cooperate in a number of areas including
communications, technology services, marketing and advertising, and
membership services, among others. The value of such cooperation is
expected to be paid or spent in cash and in the form of the
Company’s shares combined over the next three years. As a part of
the total consideration, the Company will issue
to Tencent a certain number of its Class A ordinary
shares for a consideration of up to US$220 million by
reference to prevailing market prices at certain pre-determined
dates during the three-year period. The two parties will leverage
this mutually beneficial partnership to provide better and more
convenient shopping experience for users.
About JD.com
JD.com is a leading supply chain-based
technology and service provider. JD.com’s cutting-edge retail
infrastructure seeks to enable consumers to buy whatever they want,
whenever and wherever they want it. JD.com has opened its
technology and infrastructure to partners, brands and other
sectors, as part of its Retail as a Service offering to help drive
productivity and innovation across a range of industries.
Safe Harbor Statement
This announcement contains forward-looking
statements. These statements are made under the “safe harbor”
provisions of the U.S. Private Securities Litigation Reform Act of
1995. These forward-looking statements can be identified by
terminology such as “will,” “expects,” “anticipates,” “future,”
“intends,” “plans,” “believes,” “estimates,” “confident” and
similar statements. JD.com may also make written or oral
forward-looking statements in its periodic reports to the SEC, in
announcements made on the website of The Stock Exchange of Hong
Kong Limited (the “Hong Kong Stock Exchange”), in its annual report
to shareholders, in press releases and other written materials and
in oral statements made by its officers, directors or employees to
third parties. Statements that are not historical facts, including
statements about JD.com’s beliefs and expectations, are
forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties. A number of factors could cause
actual results to differ materially from those contained in any
forward-looking statement, including but not limited to the
following: JD.com’s growth strategies; its future business
development, results of operations and financial condition; its
ability to attract and retain new customers and to increase
revenues generated from repeat customers; its expectations
regarding demand for and market acceptance of its products and
services; trends and competition in China’s e-commerce market;
changes in its revenues and certain cost or expense items; the
expected growth of the Chinese e-commerce market; laws, regulations
and governmental policies relating to the industries in which
JD.com or its business partners operate; potential changes in laws,
regulations and governmental policies or changes in the
interpretation and implementation of laws, regulations and
governmental policies that could adversely affect the industries in
which JD.com or its business partners operate, including, among
others, initiatives to enhance supervision of companies listed on
an overseas exchange and tighten scrutiny over data privacy and
data security; risks associated with JD.com’s acquisitions,
investments and alliances, including fluctuation in the market
value of JD.com’s investment portfolio; impact of the COVID-19
pandemic; natural disasters and geopolitical events; change in tax
rates and financial risks; intensity of competition; and general
market and economic conditions in China and globally. Further
information regarding these and other risks is included in JD.com’s
filings with the SEC and the announcements on the website of the
Hong Kong Stock Exchange. All information provided herein is as of
the date of this announcement, and JD.com undertakes no obligation
to update any forward-looking statement, except as required under
applicable law.
For investor and media inquiries, please
contact:
Investor RelationsSean Zhang+86 (10)
8912-6804IR@JD.com
Media Relations+86 (10)
8911-6155Press@JD.com
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