0000000000-22-010174.txt : 20230117 0000000000-22-010174.hdr.sgml : 20230117 20220916143005 ACCESSION NUMBER: 0000000000-22-010174 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20220916 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: JD.com, Inc. CENTRAL INDEX KEY: 0001549802 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-RETAIL STORES, NEC [5990] IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 20TH FLOOR, BUILDING A, NO. 18 KECHUANG STREET 2: YIZHUANG BDA CITY: DAXING DISTRICT, BEIJING STATE: F4 ZIP: 101111 BUSINESS PHONE: 86-10-5895-5500 MAIL ADDRESS: STREET 1: 20TH FLOOR, BUILDING A, NO. 18 KECHUANG STREET 2: YIZHUANG BDA CITY: DAXING DISTRICT, BEIJING STATE: F4 ZIP: 101111 FORMER COMPANY: FORMER CONFORMED NAME: 360buy Jingdong Inc. 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Form 20-F for the Fiscal Year Ended December 31, 2021 Filed April 28, 2022 Correspondence submitted August 11, 2022 File No. 1-36450 Dear Mr. Xu: We have reviewed your August 11, 2022 response to our comment letter and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to these comments within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comments apply to your facts and circumstances, please tell us why in your response. After reviewing your response to these comments, we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our July 28, 2022 letter. Correspondence filed August 11, 2022 Introduction, page 2 1. We note your response to our first comment. We note your indication that the legal risks of being based in and having operations in Chinese mainland are not expected to apply to the entities or businesses in Hong Kong and Macau because they operate under different sets of laws, however, we continue to believe that there is a risk that the laws applicable to Chinese mainland could be applied to the entities and businesses in Hong Kong and Macau and, therefore, there are legal risks associated with those operations. Please revise your disclosure to acknowledge as much, as well as ensure that you acknowledge that a Lei Xu JD.com, Inc. September 16, 2022 Page 2 different set of laws are applicable to Hong Kong and Macau. Summary of Risk Factors, page 2 2. We note your response to our second comment. Please specifically disclose in your summary risk factors that the rules and regulations in China can change with little advanced notice, that the PRC government may intervene or influence your operations at any time as well as that it may exert more control over offerings conducted overseas and/or foreign investment in China-based issuers. Also, revise to refer to the titles of each of the risk factors to which you cross-reference. Item 3. Key Information, page 6 3. We note your response to our sixth comment. Please explicitly state whether or not there are any limitations on your ability to transfer cash between yourself and your investors. 4. We note your response to our ninth comment, however, we disagree with your reference to "effective" control throughout your disclosure. Please revise to state that you are the primary beneficiary of the VIE for accounting purposes. Permissions Required from the PRC Authorities, page 8 5. We note your response to our thirteenth comment. Please provide the specific basis for counsel's belief that such CAC permission is not required in connection with your previous issuance of securities to foreign investors. Please contact Ryan Lichtenfels at 202-551-4457 or Mara Ransom at 202-551-3264 with any other questions. Sincerely, FirstName LastNameLei Xu Division of Corporation Finance Comapany NameJD.com, Inc. Office of Trade & Services September 16, 2022 Page 2 cc: Sandy Xu, Chief Financial Officer FirstName LastName