JD Archives - Page 4 of 5

JD.com to Invest 10 Billion Yuan in Changsha’s Driverless Car

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.

JD.com’s Joint Venture Opens Two-Way Trade Between China, Southeast Asia

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.

Richard Liu Speaks of Childhood Dreams, Success

Richard Liu, chairman of the board and CEO of JD.com, returned to Jiangsu Suqian Middle School to speak, revealing his childhood dream was to eat meat.

Still Optimistic About Self-Serve Stores? First Batch Close in Shanghai

Internet giants Alibaba and JD.com are still flirting with plans to open self-serve stores, but the first group of similar businesses has imploded in Shanghai. BingoBox, the city’s first self-service convenience store chain, closed its shops on Ouyangshang Road and Zhabei RM-Mart on September 27.

Netease Launches Tryfun, Sex Product Brand with a Clinical Look

Internet giant Netease, which once surprised users by raising pigs, is marching into another unusual industry. On October 23, it announced the launch of Tryfun（春风）, an adult sex products brand that will be sold on Netease Kaola, Netease Yanxuan, and JD.

JD.com Says Sufficient iPhone X Stock and Over 1.1 Million Users Reserved it

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.

Chinese Internet Giants Are Targeting Housing Rental Market

For the vast number of migrants in China, house rental has been a hard issue. House purchase is faced with many policy constraints and the price is too high to afford the house. So for them, renting seems to be the only option available. For the vast number of migrants in China, house rental has […]

JD Launched Luxury E-Commerce Platform TOPLIFE

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 […]

JD’s driverless trucks made their debut

On September 28, JD showed its latest products—driverless trucks. It is reported that this was the first time that Chinese E-commerce as well as logistics industries launched intelligent truck products, which were tested in the fixed road designated by the transport department. It is understood that JD’s two trucks, the new energy driverless truck EV80 […]

Alibaba is on the heels of Amazon

Gap of Market Value between Alibaba and Amazon is Just 1.3% Narrowing Nearly 100 Billion Dollars in Past Two Months. By September 22nd, Amazon’s market value was $456.5 billion and Alibaba‘s was $450.7 billion. Their gap was just 1.3%. Almost two months ago, the gap in market value between these two companies reached $100 billion. […]

Apple will build the second data center in China

Apple will build the second data center in China, located in Ulanchap, Inner Mongolia. The new data center has been named as iCloud Northern Data Center. As the host, Bu Xiaolin, Deputy Director and Chairman of Inner Mongolia Autonomous Region met with Isabel Ge Mahe (Ge Yue), Apple’s Vice President and Managing Director of Greater […]

JD.com Officially Enters the Real Estate E-Commerce Business

On September 18, Zeng Fuhu, former VP of Sohu net and GM of Sohu Focus, confirmed to All Whether TMT that he officially joined JD.com at the end of July and served as GM of JD.com real estate department. The department, which was recently formed, is now hiring staff. Jd.com will also add a new […]

Costco Must Overcome Three Challenges to Break into the Chinese Market

In October, 2014, Costco opened up an overseas flagship store on TMall International to give e-commerce in China a shot. On January 23rd, 2016, Costco opened a franchised store in Wuhan to give offline retail a try. On September 8th, 2017, Costco announced the opening of its first store in Shanghai, and confirmed the store […]

Lei Jun says Xiaomi is a retail business and the goal is to be another MUJI

“I believe for most people, the “MI” brand is quite familiar. But few of them know Xiaomi well.” Lei Jun said so in a public speech on August 31. On August 31, at 2017 China Consumption Transformation and Upgrading Summit held by Shanghai International Business Conference, Lei Jun delivered a speech named Enhancing Efficiency is […]

Mobvoi Launched New Smart Speaker Tichome

Tichome, Mobvoi’s new smart speaker is going to get crowdfunded and be released soon. Mobvoi held a press conference on August 24th, announcing the official release of its brand new smart speakers Tichome at a price of 999 yuan. Members who were in on the crowdfund can purchase the speaker at a price of just […]

JD Finance is separated from JD Group

On the evening of August 14th, JD Group released the 2017 second-quarter earnings report. The financial data of JD Finance didn’t be listed on the reports, which marked the realization of the news— “JD Finance would be separated from JD Group”. With the end of Q2, JD Finance completed the separation, and its finance data […]

Chinese Government Praises JD Logistics and Rookie Logistics for their Contribution to Trade Efficiency

According to the official website of the Ministry of Commerce, in its recently released The 2016 Retrospect and Prospect of China’s Domestic Trade Development, MOFCOM praises JD Logistics, Rookie Logistics and a number of other modern logistics enterprises as they adopt informationized and intelligent means, innovate cooperation modes and constantly improve the efficiency of logistics […]

Southeast Asia becomes Alibaba and Tencent’s new battle field

Two global technological forces are disrupting the peaceful ecological environment in Southeast Asia. They’re not Silicon Valley technological companies like Google or Facebook. They are the two Chinese giants Tencent and Alibaba. The two companies provide the strongest financial support and the most successful business experience for venture capital firms in Southeast Asia. More and […]

Robot delivery a reality for the future

The future will be an era of robot deliveries and it will be unnecessary for couriers to work no matter rain or shine, according to Richard Liu, founder and CEO of JD.com Group. JD.com and Lenovo on July 20 announced a big data strategic collaboration, but did not disclose any details at the Lenovo Global […]

Apple Gives 50% Discounts, Leads Biggest Apple Pay Promotion since China Entry

On July 13, Apple’s official Chinese website announced its summer promotion, which will see users get as much as 50% off purchases and 50 times points at participating vendors in its biggest campaign since entry to the country. Overall, 29 retailers are participating including Starbucks, Burger King, Wagas, Häagen-Dazs, Lawson and Gap, with some e-commerce […]

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