BlackRock, Inc. Reports 5% Ownership in JD.com, Inc.

BlackRock, Inc. has filed a Schedule 13G with the SEC, disclosing a 5% ownership stake in JD.com, Inc. The filing indicates that BlackRock beneficially owns 140,949,729 Class A shares of JD.com, Inc., with sole voting power over 135,714,581 shares and sole dispositive power over all 140,949,729 shares. The filing also notes that various persons have the right to receive dividends or proceeds from the sale of these shares, but no single person's interest exceeds 5% of the total outstanding shares. The filing is made under Rule 13d-1(b) and includes certifications that the shares were acquired and are held in the ordinary course of business, not for the purpose of influencing control of JD.com, Inc.