The Chinese e-commerce giant JD.com is coming to the Netherlands... with a brick-and-mortar store in Leiden. Under the name Ochama - to prevent any confusion with JD Sports - the world's third-largest e-tailer will open its doors on November 11th.
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Richard Liu, founder of Chinese e-tailer JD.com, has announced he will step away from heading daily operations. He will, however, remain president.
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Chinese e-commerce giant JD.com saw its revenue rise sharply in the second quarter, but its profits took a hefty hit: - 95 %.
In the retail industry, the gap between winners and losers is still widening. Just 25 front-runners have captured more than 90 % of global growth in market capitalisation, as financial markets are rewarding retailers who are best armed for the post-corona era. Who are they?
JD.com performed better than expected during the first quarter, driven by strong domestic demand. Meanwhile, services such as logistics are becoming increasingly more important for the Chinese e-commerce giant.
Chinese e-commerce giant JD.com gives the starting signal for its European expansion: in the Dutch province of Limburg, the logistics specialist opens a distribution centre of 18,000 square metres. It will also have an office.
Chinese e-commerce giant JD.com has had an excellent 2019. Turnover grew 25 %, while losses were turned into full-year profits again as it managed to keep costs under control.
JD.com has its eye on the port of Zeebrugge as a springboard to Europe. The Chinese e-commerce player, which mainly focuses on logistics, visited the port together with Flemish prime minister Jan Jambon.
Two big names in Asian e-commerce are working together: Chinese JD.com and Japanese Rakuten have signed an agreement to start using technology developed by JD.com, such as drones and robots, in Rakuten's unmanned delivery solutions in Japan.
The award-winning book, written by RetailDetail's very own Jorg Snoeck and Pauline Neerman, continues its conquest. Following the successes of the Dutch, English and French version, there is now also a translation in Chinese.
Chinese e-commerce giant JD.com needs to regain investor confidence and announced a major restructuring. In addition, the European expansion plans are also threatened: the future of a planned office in Germany has become very unsure.
Chinese internet giant JD.com wants to expand to Italy: the Milan office would be the second European office in a short period of time for Alibaba's great rival.
JD.com has announced plans to open some 1,000 convenience stores per day across China. With this impressive target, the country’s second-largest e-commerce company is giving speed to its ambitions of expanding into the offline market.
Chinese online retailer JD.com has grown strongly in 2017: turnover grew nearly 50 % and it was profitable again. The company also expects to exceed a 30 % growth pace in 2018’s first quarter.
Chinese online giant JD.com wants to create a store chain without cash registers in China. This will co-exist alongside its high-tech 7Fresh supermarket chain, which opened its doors late last year.
Chinese JD.Com has plans to conquer Europe soon, which would make it a serious competitor for Amazon. The web shop’s first European market will most likely be France.