Xin Lang Ke Ji·2025-10-31 05:08Core Insights - The second JD Wine Tasting event was held at the Anandi Hotel in Shanghai, showcasing JD's innovative approach to combining "hotel + wine" for a differentiated customer experience [1] - JD's CEO, Xu Ran, emphasized the company's core value of "customer first" and the intention behind hosting the wine tasting event as a way to give back to loyal customers [1] - JD positions itself as a technology and service enterprise based on supply chain, focusing on both horizontal expansion in retail e-commerce and vertical extension along the supply chain [1] Business Performance - This year marks the first collective participation of local lifestyle businesses in JD's 11.11 event, with over 3 million merchants participating both online and offline [3] - The local lifestyle and innovative business segments have seen significant increases in customer traffic and order volume, with a 12% increase in orders for nearby quality restaurants driven by JD's Qixian Xiaochu on the JD delivery platform [3] - In October, JD Travel's hotel checkout volume reached a historical peak, with a year-on-year growth exceeding 10 times, and ticket issuance for flights increased by 880% in the first week of the 11.11 event [3]