China self-operated e-commerce enterprise (stock code: JD) was founded by Liu, Chairman and CEO of the Group. Its subsidiaries include JD.COM Mall, JD Finance, Paipai.com, JD Smart, O2O and overseas business department. In 20 13, virtual operator license was officially obtained. On May 20 14, it was officially listed on Nasdaq Stock Exchange. 20 15 in July, JD.COM was selected into the Nasdaq 100 index and the Nasdaq 100 average weighted index. On June 20 16, we reached a deep strategic cooperation with Wal-Mart, and 1 store was merged into JD.COM.