JD’s CEO Richard Liu: The cash burning race…

Chinese e-commerce giants JD.com and Alibaba published on Wednesday and Thursday respectively their financial reports of 2016 Q2. Despite of a steady growth of both parties, Alibaba enjoyed a Gross Merchandise Volume (GMV) over five…

JD VS. Tmall: how much cash must be…

E-commerce company JD.com and Alibaba's self-run Tmall Supermarket are locked in a battle, both fighting to become "No.1" - a term that they each have defined differently. "With enough time, JD.com will one day surpass…

Sales of VR headsets increase 234 times on…

China’s second largest e-commerce platform JD.com announced the results of its June 18 anniversary sale in Beijing last Sunday. Sales of virtual reality (VR) headsets saw no less than a 234-fold increase. According to a…

JD.com sees over 100 million orders for its…

China’s second largest e-commerce platform, JD.com announced on Sunday that its June 18 anniversary sale, a.k.a. the "JD 618", had over 100 million orders placed from June 1 to 18. Females accounted for 61% of…

JD.com reveals details of delivery drones at CES…

China’s second largest online retailer JD.com revealed details about the two delivery drones it is developing at CES Asia in Shanghai on Wednesday. One of the unmanned aerial vehicles (UAVs) is a vertical take-off and…

E-commerce giant JD.com to begin using robots and…

JD.com CEO Richard Liu revealed in a conference that JD, China's second largest e-commerce platform, will start using warehouse robots and drones. "JD.com is focusing on three things: e-commerce, finance and advanced technologies," said Liu.…