JD.com is the second-largest e-commerce company with self-built fulfilment capacity in China.
Wal-Mart further increased its stake in JD.com to 10.8% from 5.9%, according to its SEC filing on Oct. 5, 2016, which is four months after its share-exchange deal with JD.com for the Yihaodian grocery e-commerce marketplace. Currently, Tencent owns the most ordinary shares (about a 21.25% stake), after its further purchase of Class A ordinary shares in August. Richard Liu, the founder and chairman of JD.com, is the second-largest shareholder, with approximately an 18% stake. Wal-Mart became the ...
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