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Jingdong Is Bringing New Life To Offline Retail

While some people believe that brick and mortar stores are on their way out because of the popularity of online shopping, this is not the case at all. With the help of retail giant JD.com, smart logistics, supply chain, and consumption are changing in-store shopping for the better and enhancing the shopping experience for consumers. This new technology and partnerships with JD.com are providing new opportunities for retailers with brick and mortar locations. They are finding new ways to optimize not only the experience of the customers but also how the businesses operate in general.

Unlike what many people think, only about 15% of retail sales in China are done online. In the United States, online sales only account for around 8.5% of sales. The fact is, customers enjoy being able to experience products before they purchase them and JD.com is working to provide an experience that is the best of both worlds. Jingdong has been in operation for more than a decade and in this time they have become the largest retailer both online and offline throughout the entire country of China. See Related Link for additional information.

Through JD’s advanced logistics system, JD.com is able to deliver to 99% of China. There are areas in China that some considered too remote to do business with that Jingdong is able to deliver essential supplies and luxury goods in a timely manner. In fact, around 90% of the orders placed through Jingdong are able to be delivered the day they are placed or the next. This statistic is one of the most impressive in the world and they are always looking for new ways to improve their methods through the use of technology such as drones and a planned underground logistics system.

By coming online and offline retail through the use of many different partners, JD.com hopes to bring shopping into the future. JD.com is always looking for ways that they can improve the experience for everyone involved. Technology has become a vital part of retail no matter what form it happens to be in if they wish to compete with their competitors in the market.

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.

 

Visit them on https://www.crunchbase.com/organization/jd-com

 

Liu Qiangdong Pioneers Drone Delivery For JD.com

 

Apparently commercial drone deliveries are a thing in China. JD.com, also known as Jingdong Mall, pioneered the idea years ago and it is now a commonplace practice. Jingdong, created by founder Liu Qiangdong in 1998 is China’s leading e-commerce retailer. Beginning as simple storefront the massive online seller hit it big when it brought its services online in 2004. Since then it has become a force to be reckoned with in the e-commerce market as well as a investor in numerous start-ups. What many do not know is that it is also the foremost leader in AI drone delivery, robots, and autonomous tech. Now it has made headlines once again in Indonesia.

In a joint venture with JD.ID, Jingdong has brought its drone delivery methods to Indonesia. The completion of its test project just wrapped. Given full approval by the Indonesian government the two companies piloted a test flight on January 8th.

Now with the project fully green lit Jingdong Mall will use its vast infrastructure, combined with JD.ID’s network of storehouses to bring drone delivery to Indonesia’s many island. This is a great development for Indonesian consumers as drone delivery is far more practical given the spaced out set-up of their islands. It also allows for logistics services as well, giving the Indonesian people better relief aid as well as other fundamental services.

Jingdong’s efforts in AI drone deliveries are at the forefront of technological innovation. Their use of automation and robotics for production services are at the heart of what many believe to be the future of production and manufacture. For many that means the rest of the world needs to catch up.

The idea for drone delivery was even ventured in the U.S. back in 2013. Jeff Bezos the founder of Amazon promoted his idea for Amazon Prime Air. He had a vision of drones dropping off packages to people’s doorsteps as well. Unfortunately, federal regulations got in the way of that idea. Liu Quiangdong did not have that problem apparently and was able to implement his drone delivery service. It is now available in two countries and may spur a global adoption at some point in the future. See This Article for additional information.

 

Visit their page on https://www.joybuy.com/

 

A look Into The Successful Career Of Richard Liu Qiangdong

If you venture into the world of entrepreneurship, you will face many challenges, and it is not easy to succeed if you do not work hard and be persistent. Only a few people who are consistent and focused have made it in the competitive business world. Today’s modern market is highly competitive, and you have to face the competition to succeed in entrepreneurship.

 

 

You must also showcase your unique skills to beat the competition and be at the top of the world. One of the entrepreneurs who have succeeded in being persistent, consistent and diligent in their operations is Richard Liu Qiangdong. Today, Liu Qiangdong is recognized for starting one of the largest online retailers in China called JD.com. Although he started the company from nothing, he worked hard, and he has today expanded it to become a global organization.

 

 

Richard Liu Qiangdong is a born entrepreneur who relies on his impeccable management skills to accomplish his business goals. His company has dominated the Chinese e-commerce industry, and it has been offering the best services to customers. His achievements today are impressive, and this is why he is today recognized in various parts of the world.

 

 

Apart from using his skills to succeed in business, he is also determined in everything he does. The determination has been crucial in the success of his business. Richard Liu Qiangdong is someone who believes in achieving his goals, and he does not settle for less than he deserves. Richard Liu has been featured on major platforms like Forbes magazine for being worth billions of dollars. Visit This Page for more information.

 

 

Richard Liu Qiangdong is also educated, and he is bright too. He undertook a degree in sociology because he was interested in politics. Liu Qiangdong also pursued further education because he believes education is crucial when it comes to your endeavors. Richard Liu also loves working with others, and this is why he partners with other entrepreneurs to share ideas.

 

 

For example, he has partnered with large companies like Walmart and Tencent. His achievements are impressive, and many admire his skills. It is not easy to start a company from scratch, but this is what Richard Liu Qiangdong did with JD.com.

 

 

More about Richard Liu Qiangdong on https://www.crunchbase.com/person/qiangdong-liu

Jingdong Making Way For IOT In The Ecommerce Industry To Enhance Customer Shopping Experience

In the e-commerce industry, there are many companies that are fighting it hard to obtain the top spot. However, one of the companies that have been enjoying among the top slot for the last many years is JD.com, otherwise known as Jingdong Mall. It is a company that has achieved a lot since it started in the year 2004.

Richard Liu Qiangdong is the founder of the company, and it was formerly known as 360Buy.com before being named JD. In order to obtain the name JD, the company has reportedly spent more than five million dollars. In an interview, Richard Liu Qiangdong, founder of the company said that the name is the abbreviation of the initials of his and his former girlfriend name.

JD has in a very short span of time become of the leading e-commerce companies in the world and is often compared to Amazon. In China, Jingdong is a household name and has a turnover that is a close second to Alibaba, which is the largest e-commerce portal in China currently. The success of JD has made Richard Liu Qiangdong, the founder of JD, one of the richest Chinese in the world. See This Article for more information.

One of the reasons why Jingdong has been in the news recently is because of its high-tech delivery technology. Recently, the company started utilizing a drone delivery system and has also tried the driverless truck for delivery. The “Boundaryless Retail” strategy by JD has made it easier for the consumers to shop online while on the go.

JD has also opened one of a kind lab called “Digitized Retail Joint Lab”, that would research and create products based on Internet of Things. The lab will help find an efficient retail solution and generate new vending machines apart from new technologies to help JD move to the retail business in the future.

Jingdong aims to improve the shopping experience of the customers where they will be able to see and touch the products they need before ordering them online at competitive prices. The new tech lab is in addition to their drone delivery that is already reaching out to even the remote areas in China and within minimum delivery time.

 

More about JD.com on https://www.wsj.com/articles/chinese-retailer-jd-com-turning-its-logistics-network-into-broader-delivery-service-1539833400

 

Richard Liu Qiangdong’s Road To Success Made Simple

 

Richard Liu Qiangdong is a Chinese business magnate.

 

How did JD.com get the name of Jingdong?

When Jingdong was created in 1998, Richard Liu Qiangdong created the company’s name by morphing together him and his current wife’s names. Perhaps a business’ name isn’t as important as many people think it is, after all.

 

What did Richard Liu do before founding Jingdong?

Richard Liu Qiangdong first went to college at the Renmin University of China, located in the nation’s capital, Beijing, to study sociology. He completed the undergraduate-level program in 1996, then enrolled in a master’s degree program at the China Europe International Business School.

As soon as he graduated from the program, he started a restaurant – he tried to start a restaurant, that is. Although Richard Liu has proven his great business mind to the world time and time again over Jingdong’s 21-year lifespan, his first major business endeavor proved to be a major failure.

Throughout his time at the Renmin University of China and the China Europe International Business School, Liu picked up countless computer programming gigs as a means of earning money.

 

How did JD get started?

After leaving Japan Life, a respected health and beauty company, he was moved to create his own business. Mashing together his and his then-girlfriend’s name, Liu came up with the name of Jingdong.

Liu found a four-square-meter retail space for lease that was located in the middle of one of Beijing’s hottest shopping malls. Shortly after finding the prime storefront plot, he began selling computer accessories at Jingdong. The year was 1998. Refer to This Article to learn more.

 

Jingdong then grew for five consecutive years

Richard Liu Qiangdong fared objectively well as an entrepreneur, growing the small business of Jingdong into an enterprise by 2003. The business had 12 stores at the time.

Liu remembers the great SARS pandemic of 2003. Shortly after news broke of it hitting Beijing, where Jingdong operated, Liu wasn’t able to reliably keep all 12 businesses open because many employees were either sick or afraid of contracting SARS. In 2004, he founded JD.com and quit doing brick-and-mortar business.

 

See Also: https://www.crunchbase.com/person/qiangdong-liu

Richard Liu Qiangdong Is The Man Behind JD.com

 

The Genesis of Richard Liu Qiangdong

Richard Liu Qiangdong is a Chinese businessman who made his way to the top through hard work and dedication. Qiangdong always knew that he wanted to be an entrepreneur. He saw his parents work hard on their family business, and he decided that he wanted to own his own business as well. While still at the University, Liu Qiangdong decided that he was going to open up a restaurant. He sought out loans, and he started his business.

Unfortunately, Liu Qiangdong did not have any success in the restaurant industry, so he decided to get a job at a Japanese company. Liu Qiangdong was a dedicated worker, and he was able to work his way to the top in this company. While in the company, Liu Qiangdong learned valuable skills that would later help him to developed as a leader.

 

Making his Own Way

Richard Liu Qiangdong had no plans to work as an employee for all of his life. He wanted more. He had the idea to open up a store that sold optical products. He planned his departure from his employment, and he set out to open up his store. Go Here for additional information.

Within a relatively short period of time, Richard Liu Qiangdong was able to open up a total of 12 stores that where doing quite well. Things changed for Liu Qiangdong in 2003. There was a SARS outbreak that occurred in China, so Liu Qiangdong had to find an innovative way to sell his product without infecting his customers and his employees.

 

JD.com

Qiangdong had the idea to sell his products over the internet. Liu Qiangdong created an e-commerce platform, and he began to sell his products online. Within a short amount of time, Richard Liu Qiangdong was able to close all of his stores, and JD.com was selling a wide variety of items.

JD.com is now the largest e-commerce platform in China, and this company is able to reach almost 100% of the population of China. JD.com sells products that are high quality and affordable, and that is the reason why this platform has been able to become number one.

 

Source Article: https://www.thecasecentre.org/students/products/view?id=148717