JD.com is one of the most vibrant online retailers in China. Founded in 2004 by Richard Liu Qiangdong, who also serves as its Chief Executive Officer, the online retailer has become a market leader in the Chinese retail industry. To date, the company serves more than 300 million clients across China and beyond with net revenue of US$55.7 billion.
Since its inception, the company has offered innovative and tailor-made shopping solutions, which have made shopping an enjoyable experience for all its customers. JD.com takes pride in providing a variety of products in all major categories like home furnishings, electronics, apparel, home appliances, toys, books, videos, fresh foods, and other fast-moving consumer products.
Besides offering a wide range of authentic and high-quality products, JD.com also delivers products to its customers within a day. The company has invested in a robust nationwide logistics system, which covers more than 70 cities across China. The company also employs a complex data-driven delivery technology to offer quality services like no other company in the Chinese online retail industry.
JD.com, which is also referred to as Jingdong is committed to continuous research and investment to take online retail to a whole new level. Recently, the company teamed up with Intel to develop a joint laboratory to look into the possible application of the Internet of Things in its operations. The joint lab, which will be highly digitized, will be instrumental in the development of a new iteration of media and advertising solutions, vending machines and other future technologies.
By combining JD’s advanced data handling capability and Intel’s sophisticated technology, the two companies are confident that they are headed to a more technologically advanced retail industry. The expected technological developments will lead to broader commercialization of new products and services into the global market.
Over the years, JD.com has taken a leading role in driving data-driven offline retail innovation as part of its Retail as a Service Strategy. With the development of the new lab, Jingdong hopes to revitalize global retail by sharing its technology with third party brick and mortar retailers.
Previously, JD.com has introduced its cutting-edge technology to over-the-counter stores. Some of the exceptional services include smart checkout solutions, smart shelving, and smart price tags among other technology upgrades. Click here