JD.com

 

Background Information

JD.com is an online e-commerce company that has its main headquarters situated in Beijing, China. The founder who is also the CEO of the company is known as Richard Liu Qiangdong. The primary stakeholders that have contributed to the financial development of the firm include Tencent and Walmart.

Its History

In the year 1998, JD.com was originally known as Jingdong Century Trading Century Co. before Liu ventured into the online world. After digital migration, the name of the firm was changed to JD.com, also known as Jingdong Mall. The company has been growing through the implementation of strategies that have led to the continuous development of the online platform.

Its strategies

JD.com embraced the technique of selling a variety of goods rather than only electronic goods in an online platform which has promoted the financial growth of the firm. Statistics sho    w that by 2018, JD.com had approximately 301.8 million clients because it was able to attract people with different preferences hence customer satisfaction.

Over the years, JD has been able to provide its consumers with quality and affordable products. In the current modern world, there have come about advanced technology such as drones which the company uses to deliver goods to clients in unreachable areas. Moreover, JD.com has embraced programs such as robotic delivery which will facilitate faster and reliable services to their customers.

In the year 2015, JD.com introduced Jingdong Plan which was employed with the aim of promoting marketing effectiveness. JD.com has made a partnership with Ruyi and Farfetch and other leading companies from different fields, so that they expand their variety of products thus attracting more customers.

Its achievements

JD.com was only established in 2004, but it is currently ranked as the third largest online business globally. In China, it is one of the wealthiest internet-based retailers. It makes more than fifty-five billion dollars in revenue and has become one of the most successful companies in China since it is a major competitor to Alibaba-run Tmall. Visit This Page to learn more.

The online business has created job opportunities to more than 100,000 people, enhancing China’s economic development. The firm is entailed in one of the most prestigious groups known as Fortune Global 500.

 

More about JD.com on https://finance.yahoo.com/quote/JD/

JD.com To Receive The Prestigious 2018 SEAL Business Sustainability Award

JD.com, also known as Jingdong is a leading Chinese market retail infrastructure and technology-driven e-commerce service, provider. Recently, the e-commerce company announced that it would be among the top global companies set to receive the prestigious 2018 SEAL Business Sustainability Awards. The company’s management came out to say they are very grateful for their recognition on the global platform for such a prestigious award. They went ahead to state that it’s an indication of the Jingdong’s commitment to provide quality services and positively impact the society.

 

“Corporate Social Responsibility”

 

This Chinese e-commerce infrastructure and technology company has been at the forefront in initiating affirmative environmental programs. In addition to that, Jingdong Mall has been making significant contributions toward the betterment of social innovations. This company has been striving to make a positive impact on society and the environment through its corporate responsibility program.

 

The company’s management stated that in the past five years they have put a lot of emphasis on sustainable development. JD.com noted that it has created and implemented several programs over the years that focus on this particular goal. The programs have also been absorbed into the company’s business process. From product creation, packaging to its sale and delivery, the company has always aimed to have a long-lasting positive impact on the environment and also the society. Read This Article for additional information.

 

SEAL Awards

 

The SEAL Awards target companies globally that have put an emphasis on sustainability and positive environmental impact while doing business. Additionally, companies that are given this award have their management and leadership in support of its corporate social responsibility and are willing to go beyond the norm to make the world a better place. The SEAL Award recognizes companies around the globe with the most significant positive global impact. Other companies being awarded alongside JD.com are global business giants like Samsung, Apple, Nike, Impossible Foods, Seventh Generation and Patagonia.

 

JD.com’s Chief of Corporate Responsibility, Libo Ma said that it was a great honor for the company to receive the SEAL Awards. He pointed out that the award not only puts Jingdong Mall on the global map businesswise but it’s also a motivator for them to keep up the excellent work.

 

More about Jingdong Mall on  https://cn.nytimes.com/technology/20180619/google-china-jd-com/