The total price is 663 million yuan, JD acquired land in Qianjiang Century City, Hangzhou.

On the morning of April 20th, a commercial land along the Qiantang River in the core area of Hangzhou Qianjiang Century City was listed for sale. Hangzhou Jingdong Jiwei Information Technology Co., Ltd. won the bid for the land with a total price of 663 million yuan, and the transaction floor price was 5600 yuan/square meter. Hangzhou Jingdong Jiwei Information Technology Co., Ltd.'s parent company is Beijing Jingdong Century Trading Co., Ltd., with a 100% shareholding. This means that the much-anticipated land for the Zhejiang regional headquarters of JD Group has officially been sold.