JD.com Chairman and CEO Liu Qiangdong said the new unit would leverage his company's access to data from every step of the e-commerce process.
Its high-end brand, Lynk & Co, gained popularity as well. In June, its deliveries reached 13,214, up 53 percent year-on-year. It marked the third consecutive month in which Lynk & Co had seen double-digit growth.
It's his first app on the "market", he said, but he is working on others over the next few months "to educate a massive audience on these problems and eventually lead to some positive change".
JD Logistics announced decision to invest 1 billion yuan (1 million) to establish a green fund. [Photo provided to chinadaily.com.cn]
It’s only been two weeks since Amazon launched its one-hour delivery service in Seattle, but it’s hard to consider it any sort of test.
It’s that time when journalists take a moment to reflect on the past year.
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Its e-commerce business continued to expand and increased its proportion of the company's total revenue to 20.8 percent, a rise of 2.6 percentage points. In order to help consumers purchase related products after event marketing such as the two fashion week campaigns, the brand has launched a WeChat platform providing a more convenient online channel.
It’s a new era for Whole Foods Market today, as Amazon takes control of the grocery chain, but we are also starting to get a peek at tweaks Amazon will make in the wake of the .7 billion acquisition.
Its down-to-earth fashion and ability to resonate with people proved to be significant in generating the strong momentum the project has enjoyed over the years.
JD also counts eclectic British couture house Alexander McQueen as an early adopter of its exclusive luxury platform Toplife, allowing the house to engage with a larger local clientele, while maintaining its creative expression and unique brand identity.