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JD MAKES YET ANOTHER MOVE AT REVOLUTIONIZING GLOBAL COMMERCE

Posted by eastcoop on

About Jd.com

Inventions make life easy, but when these inventions leverage innovative new technology to shape the future, life becomes even easier. JD.com, also known as Jingdong, is one such company that makes shopping experiences enjoyable.

1998 was its official kick-off as an offline electronics retailer. JD.com retailers launched into online marketing after the 2004 SARS outbreak. At the time, China had lowly developed logistics networks and JD.com begun its in-house system that ran nationwide. Currently, JD.com prides as China’s largest retailer with over 300 million customers and as the world’s third largest internet company.

JD’s Smart Delivery Stations

A few days before making an appearance in Nevada, Las Vegas, at the world’s most massive Consumer Electronics Show , JD proved its unrivaled logistics capabilities by launching two smart delivery stations in Changsha and Hohhot. The robots are intelligent enough and can deliver up to thirty parcels within a radius of 5 km independently.

On the other hand, the vehicles can easily detect road barriers, traffic lights and easily plan the routes to follow, and employs facial technology to enable users to collect the parcels. The use of both the robots and vehicles allows the stations to deliver at least 2000 packages in a single day.

The Grand Debut at Nevada, Las Vegas

At the world’s largest consumer electronics show, which is an unparalleled event for the showcasing of current technologies, innovations and creative ideas, Jingdong will be faced with the task of exhibiting its e-commerce technology that is transforming the shopping process all over China. Read This Article for more information.

What will the CES Attendees See?

This year, the visitors will be able to see first hand how JD.com’s drones deliver parcels and experience the drone flights in virtual reality. At an interesting extent, the visitors will be able to try some of JD’s technology at the company’s interactive booth. This will include a chance to put on the company’s exoskeleton that has been technologically designed to make lifting of heavy loads easy.

“Boundaryless Retail” Vision

Jingdong aims at opening its technology to other companies to ensure that their innovations are going to be enjoyed by customers who can buy whatever they need, wherever they wish and whenever they want to.

 

View source: https://jdcorporateblog.com/jd-delivery-stations-get-smart-ahead-of-ces-debut/

 

CEO/Business Leader/E-Commerce/JD.com/JINGDONG MALL/Blockchain Technology/Jingdong

Richard Liu Qiangdong Is A Great Businessman

Posted by eastcoop on

 

Richard Liu recently sat down for an interview with David M. Rubenstein, entitled “An Insight, An Idea”, the well-known co-founder and co-executive chairman for The Carlyle Group, an international alternative asset management firm. The interview concerned nothing but Mr. Liu’s rise to success as an entrepreneur through the growth of JD.com, a major Chinese online retailer also known as Jingdong.

Let’s take a short recap of the interview between Richard Liu Qiangdong and David M. Rubenstein.

Jingdong is up to a lot in 2019

Recently, the United States’ Walmart upgrade its five-percent share in JD.com to 12 percent, making Walmart the company’s largest single investor. The pair of colossal retailers first struck an agreement in 2016.

Just over a year ago, JD.com poured slightly less than $400 million into Farfetch, an online fashion retailer with upwards of 2,000 designers’ selections to choose from. Find Related Information Here.

Jingdong also continues to operate JD Worldwide, a global e-commerce interface that brings international goods to shoppers based in China. The company also continues to have its stock traded on the NASDAQ Stock Exchange, one of the largest in the world. The public stock of Richard Liu’s company was initially posted in 2014.

Further, JD.com continues to be one of China’s greatest retailers, all thanks to the crystal-clear leadership of Richard Liu.

The initial stages of Jingdong

Richard Liu Qiangdong founded Jingdong in 1998 as a retail shop specializing in electronics. The small business was located in a busy shopping mall in Beijing, China, the capital of the country.

By 2003, Liu’s creation had grown into a 12-store operation. Soon after store number 12 opened, a severe acute respiratory syndrome outbreak ravaged the entirety of China. People didn’t come out to shop as much during the outbreak. Chinese people were also less likely to spend a fair chunk of money while they were out shopping.

The growth of JD.com, post-SARS outbreak

Richard Liu Qiangdong realized that opening up an e-commerce platform was the best move he could make for his fledgling company. In 2004, JD opened up that online shopping platform. It originally specialized in computers and related accessories.

More on: https://variety.com/exec/richard-liu/