JD.com Supplies What Customers Want

Posted on July 22, 2019

 

JD.com, also known as Jingdong has become the largest e-commerce company in the world, and during its 18 day anniversary sale it smashed even more records. During the ‘6.18’ event it sold almost $30 billion worth of goods. Some items sold millions of units in just seconds. Cases of milk and beer along with electronics and fashion items sold in record numbers. One reason JD.com sells in such record numbers is the company’s ability to deliver orders in one or two days.

 

Jingdong is also using the latest technology to introduce customers to new products. By analyzing vast amounts of data, JD.com can send individual customers ideas for other products based on their individual purchasing history. It means that those customers can see items that they may not even know exist. That software is also be used in JD.com’s offline locations as a way to direct foot traffic to items that are best sellers.

 

One reason for the high sales during the anniversary event is the Chinese consumer’s desire for the latest and finest products from around the world. More and more Chinese are looking for world famous labels in food and fashion. Some of the bestselling items in the sale were Prada, Ralph Lauren and Armani.

 

Jingdong continues to add top labels from around the world. Another Chinese desire is for healthy foods. JD.com imports the finest foods and they have become some of JD.com’s top selling products.

 

JD.com data analysis showed that it is not just customers from China’s largest cities who are buying in such high numbers. People from across China’s lesser populated areas are also looking for great deals from the world’s biggest names. JD.com will continue to use its data collection and partnerships with the world’s most famous labels to bring an unmatched shopping experience to people across China. View Additional Info Here.

 

See also: http://www.jd.hk/

 

How JD.com-Prada Partnership will Revolutionize the Chinese Fashion Market

Posted on July 08, 2019

 

One of the fastest-growing markets in the world is the luxury fashion market. Pundits have estimated that the market will be two times bigger in the next decade. Prada — one of the fastest-growing companies in this market — has started to expand in the Asian market.

According to the management, creating partners in this new market is one of their growth strategies. In China, for example, the company signed a deal with the biggest e-commerce company. The following are some of the reasons why the management chose JD.com, otherwise known as Jingdong, as the most important partner in this market.

First, the Chinese partner has the necessary structures. Although Prada has different outlets and specific shops in major markets, Prada believes diversifying in e-commerce was critical. One of the companies that have invested in this new platform is JD.com, and therefore, it was the right decision to work with the company.

During the signing deal ceremony, the representatives of the fashion company pointed out that the Chinese giant is their gateway into the Asian market. On the other hand, the JD.com representative also pointed out that the partnership was timely. The company has signed different deals with other companies — with the sole purpose of making the platform home to diversity. Read This Article for additional information.

Second, the fashion company wanted a company that has a good relationship with customers. In more than 18 years, JD has created a platform where customers communicate organically with the company’s representatives. This bond has enabled JD.com to become the first-ever company in this market to have ultimate trust from customers. This relationship is ideal for Prada in the following two ways.

First, the company knows that all the discussions between JD.com and their fashion customers will be professional. The company also understands that there will be timely deliveries for all orders for their fashion items. This assurance is important in a new market and especially for fashion items.

In addition to this deal, JD.com has signed many contracts with different stakeholders. The main reason for this policy approach is to give clients more shopping options and more importantly, to make JD.com the best place to buy all types of items.

 

See also: https://boards.greenhouse.io/jdcom

 

Richard Liu Qiangdong And Initial Public Offerings

Posted on June 21, 2019

 

Richard Liu Qiangdong would have a good command of the financial markets and how well they do within the world. Richard Liu Qiangdong should because his company, Jingdong is publicly listed and is one company that is regarded as a growth company. Jingdong has partners and like Walmart who have invested in Jingdong and have purchased at least ten percent of the company.

As such, Richard Liu Qiangdong would look and see how he can build his empire further by understanding different situations taking place within the market overall.

He is, however, involved in the company’s everyday operations and is Liu Qiangdong is very keen on business forecasting. Liu Qiangdong continues to utilize cutting edge technology, which he says is the platform of the growing global economic environment.

Richard Liu Qiangdong is a true entrepreneurial genius and recognizes the power in of broadening his horizons. Richard Liu himself is worth a staggering $11 billion. His success has skyrocketed with the company.

Liu is considered as among the top entrepreneurs in the e-commerce industry. After launching his first online retail website sometime in 2004, he founded JD.com only a year later.

Remember, that as one builds a company that will spill over into more sectors, it would be important to pay attention to movements within those sectors and to stay relatively competitive. That is exactly what the renowned Richard Liu Qiangdong does when he studies up on the latest happenings, studies the markets, and makes key decisions on how to be the best company to serve the needs of the customers. Richard Liu Qiangdong will continue to lead the firm throughout the progression of the company.

With some of the most successful companies being focused on either bringing their IPO plans to fruition or seeing them translate to reality, a UK-based money transfer service is demonstrating how to rake in big money through alternative methods.

Founded in 2011, TransferWise recently held the secondary sale of its shares, which amounted to a whopping $292 million.

Opened to only a choice pool of investors, the sale went on to be a success for it, which seemed to have bought itself the time and the option to withdraw from holding an IPO if it doesn’t want to go down that route.

This seems to have set the company as a subversive entity in a time where IPOs seem to be the answer to every company’s liquidity plans.

To understand why it went that route and how it is going to benefit the company in the long run, here is a breakdown of the current state of IPOs; the advantages current companies could see through them; and the benefits of executing the company and its idea to hold a secondary sale instead.

 

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JD.Com Partnership With A Leading Wine Brand- Grand Tokaj

Posted on May 24, 2019

 

JD.Com’s or Jingdong’s excellence in online marketing has made it one of the largest internet companies in China. The company was formed by Richard Liu and has taken major strides in the business world through its clear cut strategies. JD.com deals provide conveniently numerous assets and consumer goods, ranging from apparels, clothing, electronics, and many more. The company has been able to build its trust among its clients through the distribution of high-quality goods and an excellent offering of services.

Jingdong has a team of experienced researchers who evaluate the needs of clients and find solutions to satisfy the clients’ needs. The company utilizes the technology to produce innovative products through its partnership with other technological giants in the business.

Jingdong also works with small and medium enterprises to help them in issues such as warehousing in supply chain management. The company has been able to leverage its experience in the logistics to assist various small and medium-term companies to grow their portfolio and improve their warehousing needs.

 

Environment Sustainability Initiatives by JD.Com

The company has also aligned its production to ensure environmental sustainability. JD.Com has invested in production technologies to ensure minimum pollution of the environment. The company’s social innovation has enabled it to tailor its product development, packaging, and delivery to ensure minimum destruction of the environment. Jingdong won the SEAL Award for its continuous commitment to environmental protection for sustainable development

 

JD.Com Partners with Grand Tokaj

Grand Tokaj is among the leading winery companies in Hungary. Grand Tokaj announced its collaboration with JD.com as it penetrates the Chinese market through the online platform. The partnership marks the first time the Grand Tokaj wine brand enters the e-commerce business. The Grand Tokaj Company chose JD.Com as its official e-commerce partner due to its extensive experience in the online business and its successful marketing operations.

Through the partnership, JD.Com customers will be able to enjoy the full range of Hungarian sweet wines as the Grand Tokaj gets assisted with its marketing initiatives by JD.com. Grand Tokaj will benefit from JD.Com’s customization offerings such as Customer- to -Manufacture initiatives, online retail channels, and many more.

 

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The Secret Behind The Success Of Richard Liu Qiangdong And Jingdong Company

Posted on May 13, 2019

Richard Liu is a Chinese Tycoon with more than $50 million US dollars earned from hard work and devotion as the CEO and Chairman of the board of directors at Jingdong.

Jingdong is among the top companies in China dealing with the delivery of high-quality products in the electronics, foods, beauty and fashion sector. Since 1998 Richard Liu Qiangdong has devoted himself to expanding Jingdong aiming at making it the largest retail business across the globe.

Richard Liu efforts to expand his company are visible they include;

  • Partnerships

Richard Liu has partnered with WeChat Company that promoted Jingdong being traded publicly through NASDAQ; they have about 15% stake in the company. Such alliances have attracted recognition of Jingdong by google. Richard also partnered with Wall Mart a global retail business to share resources and technology ensuring that people have access and reliable supply of all gods they order.

  • Purchasing

Richard Liu has also taken the initiative of purchasing various companies from different parts of the world ensuring that they are space for expansion. His primary target is to meet the demands of the customers at the individual level; hence Liu is devoted to providing high-quality goods to maintain long term relations with the customers.

  • Importation

Richard Liu has ventured in the importation business buying high-quality goods from various parts of the globe to provide to his customers. Richard Liu takes pleasure at ensuring that Jingdong customers do not lack any products they order. He imports goods from Africa, the UK, and the US among other parts of the world.

  • Research

Dealing with consumer goods there is the need to reach to understand what people from different parts of the world wants hence Richard Liu ensures to take time together with his employees to research and come up with various solutions on how to meet the demands of the customers.

Richard Liu Qiangdong wakes up early to check his emails and host meetings with various managers sharing ideas on how to improve the company to great extents. Richard Liu as a leader is focused on advancing technologies, daily operations among other issues of the company. He manages more than 60,000 employees.

Mr. Qiangdong has managed to accrue a few important accolades over the years Richard Liu has been featured as an Honoree in Variety 500 website entitled, “JD.com Richard Liu; Founder / Chairman / CEO”, as a result of his persistence, innovation, and hard work.

 

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