Category Archives: Blockchain Technology

JD.com

 

JD.com, commonly known by many as Jingdong, is a Chinese company that has had business success in many ways. Currently, JD.com is considered a rival of Alibaba.com, which is an e-commerce powerhouse that is run by Jack Ma.

Richard Liu, which is the CEO of his company, JD.com, added approximately 30 thousand employees in 2017. Indeed, Jingdong is China’s top retail and e-commerce service company.

They announced that they received the SEAL Business Sustainability Award for 2018. This award exemplifies the great focus and determination that JD.com has when it comes to manufacturing, recycling, packaging and more in the company business process. JD.com is known to have recycled one million items in the clothing category and hundreds of thousands of toys. Matt Harvey, who is a creator of the SEAL awards, was very impressed with the results of what JD.com has accomplished as an e-commerce firm.

Harvey noted concerning JD.com’s accomplishments concerning their recycling initiative that JD.com earned the highest score for their environmental impact. The SEAL Awards relies on a panel of judges to choose the best company that has produced results regarding sustainability and environmentalism.

Jingdong has been included in a short list of other companies that have been given the SEAL Business Sustainability Award like Apple, Nike, Samsung, Patagonia, Seventh Generation and also Impossible Foods. JD.com has also set itself apart from other companies by working had to bring healthcare solutions using blockchain technology.

CEO of JD.com, Richard Liu Qiangdong also is focused on procurement. Indeed, JD.com is providing small, medium and large business enterprises an easy way to hit all of their needs regarding procurement.

JD Business, which is a branch of JD.com, functions as a procurement channel. Business enterprises can purchase office supplies as well as important services with JD’s help. They can also deal with MRO (Maintenance, Repair and Operations) as well. Visit This Page to view their channel on YouTube.

Jingdong helps by streamlining the procurement process for companies and brands. Moreover, JdD.com can provide a one-stop shop as a business solution.

They have acquired new clients like Volvo Automobile Asia Pacific, Southwest Cement, Bosch and Siemens. JD.com has used its procurement platform for their client, Volvo Automobile Asia Pacific. Volvo has a supplier relationship management (SRM) system, which includes a stream of procurement management datum. This procurement system has helped to reduce errors.

 

View source: https://jdcorporateblog.com/about-liu-qiangdong/

Richard Liu Qiangdong – Helping Jingdong Grew At A Fast Pace

 

Richard Liu Qiangdong has become a popular name in the e-commerce world for the success he singlehandedly achieved in a highly competitive and already saturated e-commerce market. The entrepreneurial journey of Richard Liu Qiangdong began in the year 1998 when he launched his first retail store in Beijing at China’s Technology Hub.

 

The small store he opened that sold magneto-optical products achieved tremendous success under his leadership and it empowered him financially to start a chain of retail stores across the country. Richard Liu understood that even though the market may seem competitive, there is always space for a service provider that focuses on quality in terms of quality products and services.

 

In the face of the crisis in 2003-2004, when entire China was going through the SARS outbreak, Richard Liu Qiangdong suffered massive losses in business. However, Qiangdong did not bog down and instead converted his physical retail operations into an e-commerce business. It is what has become the e-commerce empire that we know today as the JD.com. JD.com is listed in Fortune Global 500 and has annual revenue touching nearly $70 billion and growing.

 

Richard Liu is a futuristic person and knows the only way to grow in a highly competitive market is through innovation, and he continues to implement innovative and effective marketing strategies that help attract more customers as well as provide the customers with better products and services.

 

Richard Liu is a highly qualified individual as well and has completed graduation in sociology and post-graduation in business administration from the China Europe International Business School.

 

Richard Liu Qiangdong is looking for new ways to increase its reach and also add to the offerings of his company. Richard has started drone delivery of products to places that were unreachable in the past. It has helped Jingdong increase its customer base as it became the only company to deliver to remote places of China. JD.com is also using reusable packaging for its customers so that they can minimize the harmful effect of packaging waste that the e-commerce industry is known for contributing to immensely.

 

See also: http://richardliu.wikidot.com/