JD.COM HELPING BUILD OTHER RETAILERS THROUGH ITS TECHNOLOGY

Companies especially those in retail businesses need to catch up with the evolving technology to stay in the market. Technology is now a core part of any business due to its numerous benefits. Many companies have embraced technology and are using it to improve their businesses. One such company is JD.com which has cemented its platform in the world of retail.

JD.com started as an online retail shop but has expanded through the years to serve a huge part of the population in China. It has many loyal customers since it offers reliable and first services.

JD.com also has authentic commodities that are the best in the market. One way in which Jingdong has embraced technology is by the use of drones to deliver goods to clients. JD.com also owns some retail shops that rely purely on technology to operate as they are unmanned. These shops have cameras and other electronic devices that help them to run.

Now that Jingdong has made a success from the use of technology, it is servicing out its technology to other retailers so that they can also prosper. JD has been a large part of introducing e-commerce to China and other areas thus improving its market. Offline shops are now under pressure to embrace technology to stay on top of the changing retail market. Despite this, offline shops still hold an essential place in the retail market as only about 15% of them are online shops. Technology has improved businesses in many ways through the introduction of the smart supply chain, consumption, and logistics.

In the recent company’s blog “JD Delivery Stations Get Smart Ahead Of CES Debut”, JD has talked about the launch of two smart delivery stations in the cities of Changsha and Hohhot, strengthening the e-commerce giant’s autonomous logistics capabilities.

Smart supply is helping with running businesses smoothly by giving retailers an incite of customer expectations and preferences. It provides all the information on sales from how many items a customer would want to buy to what items are needed in what period. Providing customers with the ideal goods cannot be effective without the use of smart logistics to deliver those products. By use of smart logistics, retailers ensure that products reach consumers as fast as possible through the use of delivery vehicles that follow scheduled roads to avoid traffic. If any business embraces these methods, then they are sure to succeed. Refer to This Article for additional information.

 

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JD.com is Delivering The Future Today

In-House Logistics Network for China

JD.com started in 1998 as on offline business, but shortly after a SARS outbreak in 2004 it launched its online business. Since China didn’t have an in-house, logistics program at the time, delivering medicine was difficult. So JD.com developed its own nationwide, in- house logistics network.

Its network can deliver over 90% same day or next day delivery. and serves 99% of China’s population, rural and suburban. Today, JD is China’s largest retailer, on- or offline and the world’s third largest internet company.

Smart Delivery Stations

In China’s cities Changsha and Hohhot, JD.com has launched two smart delivery stations. Utilizing delivery robots and human couriers, they can deliver up to 2,000 packages a day. The robots are autonomous, being able to deliver within a 5 kilometer radius. They can plan routes, avoid obstacles, and even recognize traffic lights. Also set up with facial recognition, they can securely deliver to the correct user.

Boundary less Retail Vision

To allow consumers to buy whatever they want, wherever and whenever they want is “JD’s Boundaryless Retail” vision. Automated warehouses, drones that can real-time problem solve and deliver, and highly trained personnel, China’s Jingdong.com is revolutionizing commerce. Next step is to open its technology up to other companies and industries, allowing consumers everywhere to enjoy the same ease of shopping as China, according to their Retail as a Service strategy. Showcasing their technology at the Consumer Electronics Show furthers this plan.

Consumer Electronics Show

JD launched its two delivery stations just a few days before being set to attend its first Consumer Electronics Show in Las Vegas, Nevada. At its booth, JD.com will showcase the technology already changing the way consumers shop in China. It will show how they use drones to deliver goods and medical supplies to remote areas, and even catch a look at the world’s first fully automated fulfillment center.

At the booth, visitors will be able to try some of the futuristic technology that JD has developed. Drone flights in virtual reality, and augmented reality fitting and styling software. Internet of Things technology which will allow consumers to remotely control their smart devices in their homes, and in their cars. Also available to try is a special exoskeleton worn by staff in their warehouse that makes lifting heavy objects easier. Refer to This Article for related information.

 

View source: https://jdcorporateblog.com/jd-delivery-stations-get-smart-ahead-of-ces-debut/

 

Richard Qiangdong Liu The CEO And Chairperson JD.com Largest Retailer In China

Richard Liu is a prominent entrepreneur known by many words he is also known as Liu Qiangdong. He is a graduate of the Prestigious Renmin University of China where he left in 1996 to enroll in China Europe International Business Scholl to follow his degree in sociology with EMBA.

 

During his leisure time, Richard Liu Qiangdong spent most of his time on the computer enhancing his programming skills; he also got money from writing freelance coding work. Before graduation, Richard Liu had started a restaurant that didn’t work out very well as there was limited time to manage the business. A health product company employed him for Japan Life as he had tones of experience with the computers.

 

IN 1998, Richard Qiangdong Liu launched his own business selling Magneto-optical products based in Beijing. This business had a brand name Jingdong formulated from the last name of Richard Liu and that of his first girlfriend. The firm was a success; he even established 12 stores across the country selling the same products. Both customers and employees were forced to stay at home to avoid being infected with SARS. This condition did not limit Richard Liu Qiangdong to continue being inventive; he launched JD.com company that handled its sales online. The company started a small retail business selling only IT: Digital and mobile products.

 

In an article on AACSB.edu, Liu was listed as one of the “Most Influential Leaders”. As a testament to Liu’s admirable business practices, he has received numerous national and international awards for his entrepreneurship, business influence, innovation, and leadership.

 

In six years JD.com had introduced over one million variety products in the logistic centers. Richard Qiangdong Liu is mainly concerned with the quality of the products and the services rendered to the clients. In 2014, Richard Qiangdong Liu agreed with WeChat company owner to own a 15% stake in JD.com worth $215 million and return to work tremendously increased the number of active users for JD.com. See This Page to learn more.

 

Currently, JD.com has more than 60 billion market worth and more than 47,000 employees. Richard Liu is determined to expand the reach of the company by forming joint ventures with other local investors and purchasing the best products from different continents. He also works very closely with the employees often holding meetings to come up with new marketing strategies. The meetings are held through email platform for the company.

 

More about Richard Liu Qiangdong on http://usa.chinadaily.com.cn/epaper/2017-03/09/content_28492448.htm

JD.com Attends its First CES

 

JD.com is the world’s largest retailer. It is at the forefront of the green movement, and it is already using recyclable boxes, drones, and other technology as part of its initiatives. It will be attending its first CES events in Las Vegas, Nevada in 2019. JD.com has already been a pioneer in retail and delivery methods. In its next step, JD.com will be unveiling new technical innovations it has recently developed.

In the recent company’s blog “JD Delivery Stations Get Smart ahead of CES Debut”, JD has talked about the launch of two smart delivery stations in Changsha and Hohhot. These stations are currently undergoing further research and development, and the idea is to have delivery vehicles bring packages to consumers without the need for a driver and without the need for environmentally damaging fuel driven transport. Refer to This Article to learn more.

The service robots will be able to travel up to 5 kilometers. They will navigate through traffic, and they will be able to deliver up to 2,000 packages a day. Customers will be able to access their packages using facial recognition software. JD.com will bring their innovations to CES, and it will show how it will change the way retail is conducted throughout the world. People at the convention can see first-hand how JD.com has revolutionized the industry. They will even be able to see the technology JD.com staff wears in order to lift heavy products that need to be delivered.

JD.com does more than deliver packages with its drones. It also sends much needed medical supplies to hard to reach areas in China. In yet another effort to be environmentally conscious, JD.com will show how it is building much of its logistics underground. This will create more room above ground for parks and shops. CES will see how JD.com has developed a fully functional automatic retail center. With so many products available to consumers, it is important to be able to access and deliver products quickly. JD.com often does this within one day to 99% of people in China.

It is all part of the JD’s Boundaryless Retail vision, in which anyone can have anything delivered at any time. JD.com is proud to share their technology with the world at the 2019 CES.

 

More about JD.com on https://finance.yahoo.com/quote/JD/

Richard Qiangdong Liu, The Chinese Billionaire

 

When you talk of online trading in china then the name Richard Liu Qiangdong cannot be omitted. Richard Liu is the founder and the chief executive officer of JD.com also known as the JingDong Mall. JD.com is the leading e-commerce platform in China and in the world at large. This company was founded in 2003. Liu’s entrepreneurship journey is an inspirational one as he started from the bottom and now he is one of the renowned businessmen in China. He is also a billionaire as per Forbes listing 2019 with net worth of $ 5.3 billion.

Richard Liu was born in 1973 in Suqian, China a province known as Jiangsu. He is a holder of bachelor’s degree in sociology which he got it from Renmin University, China. After completion of his undergraduate studies in 1996, he joined China Europe International School and pursued computer programming and later graduated with an EMBA. See This Article for more information.

Richard Liu started practicing his entrepreneurship skills while he was still a university student. He started by venturing into a restaurant business by investing his little cash which he earned from family loans and his side hustles. Unfortunately, his business collapsed after some months. After Richard Liu Qiangdong completed his studies, he worked with one of Japanese health product enterprise as a director of business and computers. After gaining some working experience, Rich launched his own company, Jing dong mall and served as a supplier of magneto optical products, in 1998.

His business was doing well and he had 12 stores countywide by 2003 when he faced a big challenge as a result of the SARS outbreak. This outbreak forced staff and clients to stay at home and at this juncture Richard Liu had to think outside the box. Since Liu was knowledgeable in the field of computer programming, Liu launched his online retail website in 2004 and this ensured his clients were able to access services and products while they are in their houses. It is in the same year when he launched the JD.Com which is now the leading online trading website in china. Today Richard Liu is the leading entrepreneur in China.

 

Related Article: https://www.scripps.org/physicians/18780-richard-liu?tab=overview