Google Invests $550 Million in Chinese E-Commerce Giant JD.com
On June 18, JD.com announced a strategic investment of $550 million from Google and an establishment of a broad strategic partnership between both parties.
Richard Liu on Entrepreneurship: Several Must-Do’s For Success
At the Press Conference of the First Session of the 13th CPPCC National Committee, Richard Liu, CPPCC member and JD.com founder, provided some suggestions for young people establishing their own companies.
JD Logistics Raises $2.5B, Largest in China’s Logistics Industry
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: Spread JD.com Across Europe
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.
Market Value of JD.com Hits Record High of 450B Yuan
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.
JD.com Plans to Sell 2B Euro French Goods in Next Two Years
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 and JD.com Become Vipshop Shareholders with $863M Investment
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”.
Richard Liu Criticizes Internet Monopoly: Unfortune for China if still BAT Decade Later
“The Internet is a natural monopoly industry, and if it is still dominated by Baidu, Alibaba and Tencent in a decade, it will be most unfortunate for China,” Richard Liu said at the release of Qihoo 360 CEO Zhou Hongyi’s new book in Beijing on November 19.
Singles’ Day Turns into Math Class as Alibaba, JD.com Argue
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 to Buy $2 Billion American Goods in 3 years
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.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.
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…
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…