On February 23, JD presented its unmanned intelligent distribution station to be used in the National Civil Aerospace Industry Base in Xi’an, Shaanxi Province.
JD Group announced that it has raised $2.5 billion by selling stake in JD Logistics. After the transaction completes, JD Group will hold 81.4 percent of JD Logistics equity.
Richard Liu, founder and CEO of JD.com, said the company plans to challenge Amazon in Europe in 2019 and to spread across the continent within a few years. Liu said the JD.com would launch its ecommerce platform and distribution services in France, then expand to the UK and Germany.
Shares of JD.com hit a record high on Janary 27 after rising steadily since December 2017. The price started at $48.23, broke through the $50 mark and closed at a record high of $50.5 a share.
French President Macron is on a state visit to China. Under his witness, JD.com group signed memorandums of understanding with Business France and the French industrial engineering group Fives.
Tencent, JD.com and Vipshop announced that Tencent and JD.com would invest US $863 million in Vipshop. After investment, JD.com is making a leap toward its goal of "selling clothes on JD.com”.
JD.com logistics CEO Wang Zhen-hui said at 2017 NewGen Logistics World Summit on December 11 that due to consumption, industrial upgrades and technological advancements, the logistics industry is entering a new era defined by short chains, smartness and symbiosis.
China (Changsha) Intelligent Manufacturing Summit witnessed the signings of 14 major project contracts with a total investment of 34.3 billon yuan, on December 6. Among the investments was 10 billion yuan from JD.com for the Changsha Economic and Technological Development Zone.
Alibaba's purchase of a 36.16 percent stake in SUN ART Retail Group – a $2.9 billion investment – shook business news on November 20. Alibaba, the e-commerce giant that put forward of the concept of "new retail," and SUN ART, the top offline retailer in China created a fusion of e-commerce and brick-and-mortar business.
Vietnamese e-commerce platform Tiki.vn recently announced it received $44 million in financing from JD.com. Tiki.vn said it would use the new financing to train staff, optimize logistics distribution and market its distribution service TikiNow.
This year's Singles' Day is just over, but Alibaba and JD.com are already fighting about how to calculate and record who had the most transactions.
JD.com pledged to purchase $2 billion worth of American goods during the next three years, including $1.2 billion of American beef and pork, the company said on November 8.
JD Group and Central announced the launch of a new online retail platform to serve consumers in Thailand and Southeast Asia on November 2. The platform is branded JD Central and available online at JD.co.th. Richard Liu said Thailand's resources and location will allow the platform to serve most of southeast Asia.
On October 18, JD.com announced that the number of users reserved iPhone X bookings had exceeded 1.1 million. JD.com said the reservation started from the morning when iPhone X was launch. As platforms with iPhone X debut, JD.com sell the phone on November 3 at the same time as Apple's official website.
With e-commerce platforms competing with each other in luxuries, luxury goods which were out of reach now have become commodities that could be ‘ordered simply on mobile". Of course, you must have enough money in your bank account. Although before, JD.com hired dama (aged women) as models for luxury goods and the Gucci glasses sold…