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Jingdong Launches Research Institute For Smart City Logistics

 

JD.com has always been devoted to keeping up with the latest technology in order to make their e-commerce business the best that it can be for their customers and partners. They have recently announced the launch of a research center located in Xiongan, China. This research center will be dedicated to studying and developing automation technology that will be used in China.

 

The planned Jingdong research center was announced at their Global Smart Supply Chain Summit. The 2018 JD Logistics summit took place on October 18, 2018, in Beijing, China. The planned research center will be known as the “Urban Smart Logistics Institute” and will focus on a lot of different areas such as cloud computing platforms, urban logistics systems, and big data among others. The founders of the institute include many leaders in technical education such as Nankai University, Shanghai Maritime University, and Beijing Wuzi University.

 

One of the main logistical issues that JD.com is addressing is the contribution of freight vehicles. While they may be able to transport large amounts of goods, the traffic emissions caused have a bigger impact on the environment than other methods. In addition, they also cause a lot of problems when it comes to the congestion of the roads that they are traveling on. Jingdong is looking into ways to make shipping products in urban areas more efficient and better for the environment. Refer to This Article for more information.

 

A possible solution to the problems caused by shipping with freight vehicles that is being looked into by Jingdong is the concept of subterranean systems. This would alleviate some of the the traffic issues that freight vehicles cause. By moving the logistics of JD.com underground, they would be able to create a more aesthetically pleasing solution that would offer fewer disruptions to the daily lives of the people living in these urban areas. It’s important to use as much available space as possible when developing a smart city and underground travel and logistics is an important way to contribute to this. By saving urban space, putting less stress on the environment, and helping with traffic Jingdong is hoping to change logistics across China and possibly the world.

 

Source Link: http://www.freshplaza.com/article/9021017/china-jd-com-wants-to-ship-fruit-from-all-over-the-world-to-china-in-48-hours/

Richard Liu Qiangdong Talks About How JD.com Got Its Start And The Company’s Current Status

Richard Liu Qiangdong is the founder and the Chief Executive Officer of one of the largest e-commerce platforms in China, JD.com. Liu attended Renmin University of China, earning a degree in sociology, and later a degree from the China Europe International Business School. What started as a retail venture born out of necessity, JD.com is currently worth $60 billion, with Liu having a net worth of $11 million according to Forbes. He attended this year’s World Economic Forum Annual Meeting and talked about what started JD.com and certain aspects of the industry.

 

 

Liu Qiangdong first venture in the world of retail came in 1998, when Liu opened a 4 square meter store selling computer accessories. The business grew however, and he managed to open a total of 12 stores. Due to the SARS outbreak in China, and the fact that the staff and customers were forced to remain at home, Liu had to close all his stores and decided to step into the world of online retail. All his physical stores were closed by the end of 2004, and JD.com was born.

 

 

Right from the start, Richard Liu recognized that the logistics costs were lower and that e-commerce was the trend for the future. With this information clear in his mind, he decided to make his company a serious business, despite the fact that he considered the online market to be chaotic back when he started retailing in 1998. He decided not to sell any counterfeit products on his platform and to provide receipts for the items, as well as good customer experience. Read This Article for additional information.

 

 

Initially, the company had a limited amount of money, and sold IT products and mobile phones, but every year they kept adding new products on the platform. From humble beginnings, JD.com now has 167,000 employees, and 500 logistics centers. JD.com is able to offer fast delivery, 57% of orders getting delivered within 6 hours, and 97% of orders getting delivered in 10 hours. The company also delivers worldwide, taking 10 to 15 days to deliver to Washington, and as little as 3 hours to deliver domestically in Beijing.

 

 

More on: https://www.therichest.com/celebnetworth/celebrity-business/men/liu-qiangdong-net-worth/