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Liu Qiangdong donated more than 60 million shares and is still the third largest shareholder of JD.com

author:21st Century Business Herald

21st Century Business Herald reporter Yang Qingqing reported in Beijing

On February 2, JD.O) announced that Liu Qiangdong, chairman of the board of directors and CHIEF executive officer of the company, will donate 62,376,643 shares of Class B ordinary shares to a third-party foundation for charitable purposes. JD.com closed at $75.08 on Feb. 1, with the donation worth more than $2.34 billion.

According to Jingdong to the media, the donation will be mainly used for Liu Qiangdong's long-term attention to education, environmental protection and other social welfare undertakings, as early as 2003, when there were only 38 employees in the early days of Jingdong's entrepreneurship, Liu Qiangdong led employees to fund 38 children to study in Jingle County, Shanxi.

According to public information, Liu Qiangdong currently personally holds 422 million shares of Jingdong Group, accounting for 13.48% of the total share capital. After the completion of the donation, Liu Qiangdong's shareholding will shrink to about 360 million shares, but it still exceeds the 289 million shares of Wal-Mart, the fourth-largest shareholder.

JD.com is the exclusive interactive partner of CCTV during the Spring Festival of the Year of the Tiger, sending a total of 1.5 billion red envelopes and good things at the Spring Festival Gala, and the cumulative interaction volume of 7 rounds of red envelopes reached 69.1 billion times. JD Cloud responded to the peak of network interaction and complex application scenarios with the shortest Spring Festival Gala red envelope preparation time in 19 days. JD.com and JD Cloud gained enormous influence.

Not long ago, it was reported that JD Technology was preparing to go public in Hong Kong, but JD.com declined to comment. In the past year or so, JD Health, JD Logistics and JD Holdings' Everything New Life (Love Recycling) have been listed successively, and the JD system has grown unprecedentedly, and JD has also ushered in the second period of rapid development since its establishment. Liu Qiangdong's donation behavior can be regarded as a timely feedback to the society.

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