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JD.com execs face big pay cuts to boost front-line benefits
JD.com says it will cut the salaries of more than 2,000 senior managers by 10% to 20% next year to help pay for improved benefits for front-line staff. Read more…
JD.com
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JD.com’s Liu to step back from operations to concentrate on strategy
China’s JD.com said on Monday founder and chief executive Richard Liu will switch his focus to the e-commerce giant’s long-term strategy Read more…
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China’s JD.com beats estimates as growth remains robust despite COVID
China’s JD.com beat Wall Street estimates, as growth remained robust in the domestic e-commerce sector following the COVID-19 pandemic. Read more…
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Founder of Chinese ecommerce giant JD.com laments “slackers”
Founder of Chinese ecommerce giant JD.com, lamented that years of growth had increased the number of “slackers” in his firm who are not his “brothers.” Read more…
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JD.com chief Liu is back in China following US arrest
BEIJING (Reuters) – The CEO of JD.com, Richard Liu, has returned to China, the Chinese e-commerce giant said on Monday, days after he was arrested by police in the US city of Minneapolis on suspicion Read more…
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Robots and AI will replace humans in retail one day: JD.com chief
MADRID (Reuters) – Robots will eventually replace human workers in the retail industry, the chief executive of Chinese e-commerce company JD.com predicted on Tuesday. China’s second-largest e-commerce business has built up an extensive logistics network Read more…
Features
Chinese e-commerce firms are replacing deliverymen with robots
SHANGHAI/BEIJING (Reuters) – At Beijing’s sprawling Renmin University of China, two shiny new couriers dart through throngs of students to deliver parcels throughout the day. But they’re not typical Chinese deliverymen. Bright red, grey and black, they Read more…
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Rumor: JD.com invests $100 million in Indonesia’s Go-Jek
HONG KONG (Reuters) – JD.com Inc has invested in ride-hailing startup PT Go-Jek Indonesia, in another sign that China’s second-largest e-commerce firm is tapping growth in Southeast Asian mobile-based services, people familiar with the matter Read more…
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Rumor: JD.com plots $500m Thai e-commerce JV with Central
BANGKOK/HONG KONG (Reuters) – China’s JD.com is in advanced talks with Thailand’s Central Group to launch an e-commerce joint venture in Thailand with a planned total investment of $500 million, people familiar with the matter Read more…
Off the Wire
Nielsen, JD.com launch multi-touch attribution for marketers in China
Nielsen has announced a strategic cooperation agreement with Chinese e-commerce firm JD.com formalizing the collaborative launch of a multi-touch attribution (MTA) offering in China to help marketers understand and assess the sales impact of advertising Read more…
Features
Chinese e-commerce firms way ahead of Amazon in offline push
BEIJING (Reuters) – As Amazon.com looks to swallow US grocery chain Whole Foods, China’s e-commerce giants are already digesting hefty bricks-and-mortar deals, taking the lead in the battle to transform supermarket shopping with big data Read more…
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JD.com targets Thailand as Southeast Asian e-commerce hub
HONG KONG (Reuters) – JD.com, China’s second-largest e-commerce company, plans to enter the Thai market later this year in a move to expand its overseas business beyond Indonesia, its founder and chief executive said on Read more…