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JD.com Makes Waves In The Chinese Market January 11, 2019

 

JD.com, or as known by many as Jingdong Mall is different from many of the other retailers in the Chinese market. Instead of focusing on what people can get by looking at the quantities, the company knows what they can do to help people with quality. They spend a lot of time learning about the needs their customers have and that’s important to the company. No matter what issues people have or how they want to shop, they can get more from the options the company offers them. It’s a great way for the company to keep helping people with the shopping options they need.

As Jingdong Mall continues growing, they know they can do things that will make the company better than what people have seen in the past. They also know they’re among the best retailers in China and that’s an important distinction for them to have. While they always push to make sure they can help people, they feel good about giving back and they always focus on how they’re making a big difference for the people who need it.

By looking at all the options the company has and comparing them to what other people use with their businesses, JD.com knows what they can do and how they can keep making things better. It’s important for them to show their clients they’re doing everything right. Customers who use JD.com get more out of the options they have and that’s what pushes the company to continue succeeding while they’re helping others out with the issues they face. Go To This Page to learn more.

As long as the company continues thriving, they’ll keep coming up with new opportunities for the future. They spend a lot of time giving people what they need while also focusing on changes for the future. It’s a good idea for them to do everything they can for the future. It’s also important for the business to keep helping people while they know what they can get out of the experience they have. Jingdong offers premier shipping options, things for all their customers and a better experience than most people get when they shop at stores that are based out of China.

In a recent JD.com’s blog, “Delivering the Future of Shopping”, showcases not only the innovations that enable China’s largest retailer to deliver to customers at staggering speeds all across China via its nationwide logistics network, but also features the latest retail technology, which JD is using to empower other partners, online or offline.

 

Source Article: https://www.businessinsider.com/who-is-the-amazon-of-china-alibaba-dangdang-or-jingdong-2011-9

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Richard Liu Qiangdong Expanding His Business January 7, 2019

 

In June 1998, Richard Liu Quiangdong began Jingdong in Beijing, being a storefront involved in the distribution of magneto-optical products. The business saw quick development in the first couple of years, developing to 12 string shops throughout Beijing, Shanghai, and Shenyang by the year 2003, and getting annual profits óf about $9 mil USD. Viewing the achievement that e-commerce was attaining at that time, Liu launched án on-line edition of the business enterprise in January 2004.

In 2007, Liu started to develop á nationwide logistics program to focus on the astronomical rise in JD’s recognition through the entire nation. He understood in early stages that there is Chinese language logistics company that can deliver to each portion of the nation, therefore people residing in one of the most rural areas got to go to their closest town to get appliances and other items, resulting in higher prices in little cities than in big metropolitan areas.

After seeing an opportunity on the market, Liu was adamant that JD builds its national strategies system in order to avoid losing or harming products during delivery, creating improvements for the united states and modifying retail and e-commerce because of its one billion dollars users. Simply by the finish of 2014, JD had released 3, 210 delivery and pickup channels in 1, 862 Chinese language counties, nearly two-thirds of most counties in the united states. In 2014, Amazon.com switched by using third-party strategies companies to producing the “last mile” deliveries alone, following a model in the USA that JD set up in the Chinese marketplace.

Richard Liu Qiangdong have created JD.com into China’s second-biggest web commerce business and amassed approximately prosperity of US$11. 6bil, but this individual remains a member of family unknown outdoors his house nation.

With latest opportunities into South-East Asia and eventual programs to increase into European countries, the 43-year-old made his initial appearance at the World Financial Forum in Davos, Switzerland this season.

Speaking at á lunchtime for approximately 50 people including Adidas Group CEO Kasper Roasted and Wal-Mart’s All of us main Greg Furan, the guests Listened more than cups of Manor Montrose 2k Bordeaux mix (full-bodied palate that’s dense and wealthy yet sophisticated and arranged, regarding to Wines Spectator) to Liu’s Life tale and just how he arrived to begin and build JD. com. Visit This Page to learn more.

 

View source: http://richardliu.wikidot.com

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JD.com Improving Cloud Computing Technologies December 6, 2018

Cloud Native Computing Foundation (CNCF) specializes in open source software to improve cloud computing possibilities. At the KubeCon and CloudNativeCon conference held in November this year, they awarded JD.com (China’s top eCommerce company), also known by many as Jingdong Mall;  the “Top End User Award”v. As Jingdong heavily uses CNCF products and has worked closely with the foundation to improve those products, this close partnership exemplified how two companies can create something greater than one alone.

 

With over a trillion images in their product database, providing customers with a top quality experience requires vast amounts of processing power at ever greater speeds. Consequently, Jingdong has partnered with CNCF to use Kubernetes, and currently they have one of the largest Kubernetes clusters worldwide.

 

This makes sense as they are one of the largest retailers in the world. In order to stay ahead of competition and to continuously improve a customer experience, Jingdong perpetually seeks new technology advancements, especially ones that contribute to big data and AI technologies. One way they have achieved this, has been their close partnership with CNCF, and in April, they became a platinum end user.

 

This new designation was in recognition of all the work that Jingdong has done in partnership with CNCF. Jingdong has worked on projects such as Vitess, Prometheus, and Kubernetes as well as other projects, in an effort to improve the code. As a customer, Jingdong has benefited directly from working on these projects, especially the Vitess cluster management project. Vitess allows Jingdong to maintain resource flexibility while reducing maintenance and operation costs, which is good for the company’s bottom line. Go Here for related Information.

 

These mutual beneficial collaborations made Jingdong the obvious choice for the “Top End User Award”. And in the ever changing IT industry, Jingdong Mall and CNCF will continue this mutually beneficial partnership and continue to innovate and improve their technology.

 

More about Jingdong Mall on https://www.chinamoneynetwork.com/2018/10/18/jd-com-opens-up-its-logistics-network-to-users

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Jingdong’s Joint Effort To Establish A Blockchain Research Lab November 15, 2018

 

Jingdong is a leading e-commerce business in China founded by Richard Liu. The company together with Ying Wu College of Computing that is at New Jersey Institute of Technology and the ISCAS, Institute of Chinese Academy of Sciences decided to develop a research laboratory that will focus on blockchain technologies. The lab development venture was announced in Beijing during its launching event.

 

From the information collected, the lab called “Urban Smart Logistics Institute”, will concentrate on providing solutions to stability and efficiency problems that are substantial obstacles blocking the blockchain application in the broader area. The lab will use its resources in exploring new areas in which the technology can be applied including the multi-layer joint research forces into essential research protocols, decentralized security in applications, privacy protection and many more.

 

The established research lab will be headed by three experienced professionals from the three parties who are Dr. Jian Pei, the head of JD Big Data and Smart Supply Chains, Dr. Qiang Tang from Ying Wu College of Computing Assistant Professor, and Dr. Zhenfeng Zhang who is the senior deputy engineer at ISCAS. Dr. Zhang and Dr. Tang are experienced and chief experts in cryptography and blockchain. See This Article for additional information.

 

According to Dr. Pei, Jingdong is a senior company utilizing the blockchain technology, and the company is committed to exploring its ability by investing in the expansion of blockchain ecosystems via strategic studies and partnership. The partnership with ISCAS and NJIT will increase their strengths in developing on that cutting-edge technology that deploys too many fields and industries.

 

Jingdong Mall boasts of more than three hundred million clients and the importance of having blockchain to increase the company’s transparency in delivery and supply chain of their products with safety and high quality in mind. The president of NJIT Dr. Joel S. Bloom was also happy with the partnership that involved a leading e-commerce business and a modern lab that will do detailed research on Blockchain and cybersecurity technologies.

 

In August, Jingdong opened an open blockchain platform that was useful to customers secure enterprise and used their blockchain apps to conduct more secure, convenient and transparent operation management.

 

See Also: https://www.businessinsider.com/who-is-the-amazon-of-china-alibaba-dangdang-or-jingdong-2011-9

 

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Beijing, Shanghai, And Rural China: JD.com Delivery Under 20 Hours According To CEO Richard Liu Qiangdong November 13, 2018

 

Richard Liu needed money to pay for medical care for his sick grandmother, coming from a poor family. He didn’t have the money to travel abroad either like most other kids at the venerable Renmin University. He got a four-square meter store selling computer accessories and got good at it so that there were twelve stores. SARS came along, and he didn’t want his staff to be hit because “talking face to face was high risk”. So, he closed the 12 shops, at noodles, and stayed at home. Why not sell online? he thought with his managers.

After comparing the figures, Richard Liu Qiangdong realized that online sales made more sense because it was a better experience for his customers all around. Amazon was not very well known at the time. He had only heard of DangDang at the time: it was number one at the time in China.

Richard Liu Qiangdong grew his company rapidly by not selling counterfeit products and services, so he wanted “new rules” for the market that was more of a white hat experience. Proper receipts and everything. They expanded into mobile phones, and every year they added new products. Today, the company has a market of around 30 billion USD. 160,000 employees currently work for JD.com, and in 2017 they added 30,000 workers.

The biggest market value amongst online Chinese stores is TenCent, then Baidu, then JD.com. “As an ecommerce provider, we want to be number one. We have finance, logistics, and it takes time to be number one.” JD delivers around the world: “New York, London, Paris”, et cetera.

This year the global delivery is not as good as it is in China, where it would only take on average 6 hours. 57% of goods will be delivered within 6 hours, and 97% will be delivered within 20 hours. Not just Beijing and Shanghai, but in rural areas this applies as well.” View Additional Info Here.

 

See Also: https://variety.com/exec/richard-liu/

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Richard Liu Qiangdong: A Business Of Honor October 18, 2018

 

There was a recent video interview published on Weforum.org with Richard Liu Qiangdong titled “An Insight, an Idea with Richard Liu”.

Richard Liu spoke with Mr. Rubenstein about some of the success he has experience with JD online. JD is short for Jingdong Mall. This business was originally founded in 1998 and features of the combined name of Richard Liu and his then-girlfriend. In 2003 the SARS virus hit China and forced Richard Liu to move his business online. He explains to Mr. Rubenstein that he made this decision because he wanted to protect his workforce and increases revenue. In 2004, JD.com went live. The brand-new Internet retailer began selling computer parts and phone accessories. It was a time of substantial growth for the company.

 

One of the biggest problems that Liu Quiangdong discusses with his interviewer about the online retail market when he started was the consistency of product quality and presentation. It seemed to be a sort of no man’s land when it came to the rulebook. Richard Liu wanted to find a way to set ground rules for the industry. It had become a tense situation for customers and retailers alike. Customers do not feel as though they could trust the retail giants that were providing them with their products. Many of the big brands were being counterfeited and presented as originals. It was a time of great concern. Get More Information Here.

 

JD.com has grown substantially over the years. At the beginning of the interview, Mr. Rubenstein talks about the fact that it is considered to be one of the biggest retailers in China. The company has done so well that it is now worth over $50 billion dollars. This means that the company is one of the biggest retailers in China at this time. Richard Liu has displayed a tremendous amount of pride and honor when conducting his business. JD.com is important to him when he presents himself to the world. He tells his interviewer that he wants JD.com to be representative of how he thinks that business should be conducted. He even expresses interests in moving his enterprise to a worldwide option. The next step in Liu Quiangdong’s plan for success is coming up soon in the future.

 

For  title: https://www.aacsb.edu/about/advocacy-and-awareness/member-challenges/influential-leaders/recipients/richard-qiangdong-liu

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