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Stock impact report

JD Coin partners with Ascenda to connect to global airline and hotel loyalty programs

JD.com, Inc. - American Depositary Shares (JD) 
Last jd.com, inc. - american depositary shares earnings: 3/2 05:03 am Check Earnings Report
US:NASDAQ Investor Relations: ir.jd.com
Company Research Source: PR Newswire
SINGAPORE, June 4, 2019 /PRNewswire/ -- Ascenda, the world's leading loyalty solutions company, has announced a partnership with JD Coin. JD Coin will connect to TransferConnect, Ascenda's loyalty currency exchange network, allowing over 40 million JD Coin members in China to exchange their Coins for world-class airline and hotel loyalty rewards.JD Coin is an innovative financial product developed by JD Digits that allows its co-brand credit cardholders to earn Coins that can be redeemed for a suite of rewards including products on JD.com, the largest retailer in China. Starting this month, Coins can be exchanged for top airline and hotel loyalty currencies around the world with new global partners onboarding throughout the year. The partnership will help JD Coin target China's highly lucrative premium travel spenders by building out a rich global rewards ecosystem while elevating the company's global brand presence."We are delighted JD Coin has partnered with us to power currency tra Show less Read more
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