JD.COM Archives - Pandaily

JD Logistics Announces Leadership Change: Hu Wei to Replace Yu Rui as CEO

JD Logistics announced that CEO Yu Rui is stepping down from his role as executive director, CEO, and authorized representative due to personal health reasons. The former CEO of JD.com's product development division, Hu Wei, will take over as the new CEO of JD Logistics.

JD Introduces 1.5 Million Reusable Express Packages

On April 22nd, JD Logistics announced that it will gradually introduce 1.5 million units of reusable express packaging and promote a shared recycling model for such packaging.

JD Logistics and JD Retail Undergo Adjustments to Enhance Decision-making Power of Provincial Leaders

JD.com's logistics arm is undergoing a new round of organizational adjustments by establishing four independent business units for supply chain, express delivery, fast delivery, and international business.

JD Retail Initiates Major Organizational Transformation

Leading Chinese e-commerce company JD.com's retail business is undergoing a major organizational change to respond to development in the increasingly competitive environment.

JD Industry Raises $300 Million in Round B Financing

On March 23rd, JD Industry, a sub-group of JD.com and an industrial supply chain technology and service business, announced the completion of a B Series preferred stock transaction with the total amount of $300 million.

JD.com Plans Subsidy Campaign against Pinduoduo

Chinese e-commerce giant JD.com will launch a 10 billion yuan ($1.5 billion) subsidy campaign on March 8 to compete against rival Pinduoduo, a budget shopping app by PDD Holdings.

Chinese E-Commerce Site JD.com Sells Pfizer’s COVID Pill Paxlovid

Many places across China are now facing a dramatic spike in COVID-19 infections. Due to the increasing number of patients with severe symptoms, market demand for drugs such as Paxlovid and Azvudine has soared.

JD.com Explores Mars Unmanned Rover Technology

The joint research center between JD.com and the Chongqing University of Posts and Telecommunications on future intelligent vision technology, put forward a fusion perception model based on vision and lidars.

Alibaba, Tencent and Other Chinese Giants Wound Up in Indonesia

Southeast Asia, as a rapidly developing emerging region, has always been a popular destination for Chinese enterprises to begin their global ambitions. In this region, Indonesia has the largest land area, economic scale and population, so it is often one of the focal points of expanding enterprises.

JD.com Founder Richard Liu Condemns Firm Executives in Email, Adhering to Low-Price Strategy

Richard Liu, the founder and former CEO of Chinese e-commerce giant JD.com, emphasized that low prices are the core competitiveness of the retail industry.

JD.com’s Cross-Border Shopping Platform Joybuy Halts Operations

Joybuy, a cross-border shopping platform owned by Chinese e-commerce giant JD.com, announced on November 4 that it will undergo a series of "business upgrades," while trading on the site has now ceased.

Micro-Lenders Under JD.com, ByteDance, Meituan and Others Accelerate ABS Issuance

Since the beginning of this year, micro-lenders under five Chinese internet giants, namely Tencent, ByteDance, Baidu, Meituan and JD.com, have been successfully approved to issue ABSs amounting to 39.33 billion yuan ($5.4 billion).

Rape Allegation Involving JD.com Founder Richard Liu Ends With Settlement

A rape allegation involving Richard Liu, founder of Chinese e-commerce giant JD.com, has finally come to an end. The lawyers of both sides issued a joint statement showing that they had reached a settlement.

JD.com: PLUS Members Have Surpassed 30 Million

On August 22, Beijing-based e-commerce company JD.com announced that as of July 2022, the number of "PLUS" members on its platform had exceeded 30 million, making it the largest paid membership system in the industry.

JD Logistics Puts Into Operation First Batch of Battery-Swapping NEVs

On August 15, JD Logistics announced that it has put its first batch of battery-swapping new energy vehicles (NEVs) into operation.

JD Logistics and SAIC-GM-Wuling to Cooperate on New Products

JD Logistics announced on August 8 that the company and SAIC-GM-Wuling Automobile (SGMW) will work together on prospective warehousing and logistics technologies in addition to business flow and vehicle procurement services.

JD Auto Reaches Strategic Cooperation With Prinx

JD Auto, an online car selling platform operated by Chinese e-commerce giant JD.com, on July 27 formally signed a strategic cooperation agreement with EV tire brand Prinx.

Former CEO of JD Logistics to Join Energy Firm GCL Group

Wang Zhenhui, former CEO of JD Logistics, a business group within JD.com, will soon join Golden Concord Limited Holdings Co., Ltd. (GCL Group), an enterprise committed to the advancement of green, low-carbon and zero-carbon technology.

JD Logistics Closes 8.98B Yuan Acquisition of Deppon

JD Logistics has announced that on July 26 that it closed a major transaction to acquire equity interest in Deppon.

Ant Group, Tencent, Baidu and Others Opt for Self-Regulation of Digital Collection Industry

With the China Cultural Industry Association taking the lead, nearly 30 Chinese enterprises and institutions have jointly launched the Initiative for Self-Regulation Development of the Digital Collection Industry on Thursday.

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