JD Digits
Developer of a cloud computing platform designed to provide customized financial services and digitized solutions for in
IT Consulting and Outsourcing
📍 Beijing, China
Founded 2012
Current Valuation
$19B
as of 2018-Q4
DECACORN
JD Digits was the fintech affiliate of JD.com, offering consumer credit, payments and digital technology services to financial institutions. Its $19.2B mark comes from a December 2018 round. The business was subsequently reorganised into JD Technology, and its planned listing did not proceed: a STAR Market filing was withdrawn and a later Hong Kong IPO was stymied by Chinese regulatory scrutiny of the fintech sector. It no longer trades as an independent private company in the way this mark implies.
Company Profile
Growth
The $19.2B mark is a December 2018 round. The company was reorganised into JD Technology and its listings were shelved — the STAR Market filing withdrawn and a Hong Kong IPO stalled by regulatory scrutiny — so the mark has stood untested for years.
Last Round
Series B — $1.9B (Dec 2018)
Fundraising Status
Series B · $1.9B · 7y 8mo ago
privateTotal raised $3.1B
Latest Funding Round
| Round | Amount | Date | Lead Investor | Post-Money |
|---|
| Series B | $1.9B | Dec 2018 | — | $19B |
Investors
JD.com · Sequoia Capital China · China Taiping · CICC Capital · China Merchants
Products
- Consumer credit and payments (historical JD Finance products)
- Digital and cloud technology services for financial institutions
- Enterprise/city digitisation services
Competitors
Ant Group · Tencent Financial Technology · Lufax · Du Xiaoman
FintechDigital FinanceChinaJD.com Affiliate
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2018-Q4. Refreshed quarterly.