2019 proved to be a very big year for Jingdong and 2020 is also shaping up to bring big things to the retail industry as well. Focusing on technology has been an important part of the business operations of JD.com for many years and they have been proving their dedication with recent developments.
In an article with TG Daily entitled “JD.com’s Liu Qiangdong Commits to Inclusive Business”, e-commerce juggernaut JD.com has recently re-committed its operational practices to include total transparency regarding sustainable practices and environmental care.
Though the retail giant already has an impressive amount of influence in their industry, they are looking to expand its footprint even further in many different ways. JD.com’s innovations they are making in retail, not only are having a positive impact on their own company, but also for their many partners who are using their open platforms for their own businesses. While Jingdong has had a big influence on retail in 2019, they have managed to enable changes throughout many different industries.
JD has been applying artificial intelligence throughout many different parts of its operations to help them run smoother and more sustainably. They have found many uses for it when it comes to creating a better supply chain with more transparency than ever. The technology that Jingdong is using to create a smart supply chain is known as NeuHub and it is an open platform that is based on artificial intelligence and other technology.
They developed the National Open Innovation Platform in China for the next generation of AI and the project is already showing a considerable amount of promise for the future of smart and sustainable supply chains throughout China.
One of the areas of technology that Jingdong plans to work with this year is the transformation of retail technology systems. They are wanting to make them more agile so that they can provide a better experience for both online and offline transactions. Read This Article for more information.
This can improve their capacity and efficiency while still managing to lower total costs. JD.com also opened the mega mall known as JD E-SPACE in Chongqing, China and it has already proven itself to be very popular among its consumers. This shopping mall has created a unique and immersive experience throughout its 50,000 square meters of space from Jingdong.
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