JD.com news

29 September 2020
Alexander Kremer, a Director in JD.com’s Omnichannel Supermarket Group, discusses how JD.com’s omnichannel business has evolved in recent years, the impact of COVID and ways that Western brands could adopt to enter China. Prior to joining JD.com, Alexander worked at Mobvoi, McKinsey & Company, and IBM. His study background is in Global Affairs (Schwarzman College/Tsinghua University) and Inter...
25 September 2020
China Resource Vanguard has expanded its strategic partnership with Dada Group, China’s leading local on-demand delivery and retail platform. Dada Group to provide an integrated fulfilment solution The expanded partnership will focus on omnichannel fulfillment, product management, user operations and marketing. JD Daojia will provide CR Vanguard with integrated fulfillment solutions, ...
26 August 2020
Autonomous warehousing is playing an increasingly important role in a post-COVID world as customers raise expectations of home delivery. Here is an essential guide to autonomous warehousing process that brands and retailers need to know, using JD.com as the best-in-class example. Advantages when dealing with unexpected The technical advantages of autonomous warehouses became apparent during...
19 August 2020
JD.com, one of China’s leading ecommerce company, announced its unaudited financial results for the three months and six months ended 30 June 2020 this week in Beijing. Second quarter 2020 highlights Net revenues  for the second quarter of 2020 were CNY201.1 bn (US$28.5 bn), a 33.8% year-on-year (YoY) increase Annual active customer accounts  increased by 29.9%YoY to 417.4m in the t...
10 August 2020
The ecommerce giant launched a new format, known as Mini Shop, in Xi’an, Shaanxi province, China in July. Focusing on self-service shopping experience With a store size of 15 sq m, the new store provides a self-service shopping experience. The target shoppers are office workers in nearby buildings. The range mainly consists of ready-to-eat food, beverages, snacks and stationery. Customers c...
04 August 2020
Li & Fung, which trades convenience chain Circle K in Hong Kong, announced a strategic investment from JD.com to further develop its digital supply chain. The “supply chain of the future” Li & Fung has been working on creating the “supply chain of the future”, which is centred around speed, innovation, and digitalisation, and aims to help its customers navigate the digital economy. JD.co...
28 July 2020
CR Vanguard and Dada Group have strengthened their strategic partnership in China. Boosting delivery and omnichannel services The two businesses will deepen cooperation in many areas, including omnichannel, product management and marketing. CR Vanguard’s store on the JD Daojia (a subsidiary of Dada Group and JD.com) platform will be connected to JD.com. JD Daojia will continue to support...
03 July 2020
Jonathan Wang, the head of JD.com’s 7FRESH, shared his view at the "2020 China Community Business Annual Meeting" organized by the China Chain Store and Franchise Association (CCFA) last week. The main points are summarized here in this article. Driven by urbanisation From the perspective of China’s social structure, community stores are typically defined as those within the life circle of ...
19 June 2020
Alibaba and JD.com handled US$136.5bn of sales through their platforms during 6.18, an annual online shopping festival in China that runs from 1 st June to 20 th . Strong numbers show retail is recovering For 6.18, Alibaba achieved gross merchandise value (GMV) of CNY698.2bn (US$98.5bn), over double what it achieved on Singles Day (2020 11.11) last year, which posted record GMV of CN...
16 June 2020
To understand how autonomous warehouses allowed JD.com to respond quickly to uncertainties and fluctuations in product availability and consumer demands during the COVID-19 crisis, IGD conducted a collaborative research project with JD.com. Extracts from the full report are shared here in this article. Technical advancements that enabled JD.com to respond quickly during COVID-19 JD.com’s ...