Dec 21, 2021|
JD.com Develops a New Intelligence Retail Chain Model with Hitaly
by Yiming Yan
JD.com and Hitaly signed a cooperation agreement on Dec. 16, in which the two sides will cooperate in various fields such as online and offline retail, cross-border e-commerce, international and domestic logistics and warehousing, and supply chain fintech. Dr. Paul Yan, vice president of JD.com and president of JD Retail Cloud, and Stard Huang, vice president of JD.com and president of JD’s international logistics division, attended the signing ceremony.
JD will provide customized solutions for Hitaly through JD Retail Cloud, which will provide a technology platform and related technical services covering all aspects of the industry chain, including procurement, operation and inventory.
For sales business cooperation, JD will open up online and offline channels for Hitaly, provide support for the sales operation of Hitaly’s cross-border products in JD Worldwide and help to build the Hitaly intelligent shopping park.
When it comes to the logistics business, JD will provide integrated supply chain services for Hitaly through digital technology and equipment support such as unmanned warehouses, 3D warehouses, and AGV robots for warehousing, transportation and distribution.
The two sides will also accelerate the construction of a supply chain fintech platform and explore deeper and broader cooperation.
Leveraging experiences accumulated in the retail industry for years, JD Retail Cloud has developed the ability to provide technology platforms and technical services to build a full-chain production, supply and sales platform in both B2B and B2C businesses, which will effectively improve business operation efficiency while reducing comprehensive procurement and inventory costs for partners.
“The cooperation between JD.com and Hitaly is a good start for both parties to promote the transformation of the industry chain into digital intelligence, and both parties will continue to deepen the partnership, actively integrate the superior capabilities of online and offline multi-channels to promote business growth and create a new pattern of digital intelligence in the retail industry,” said Dr. Paul Yan, Vice President of Jingdong Group and President of Jingdong Retail Cloud.
Hitaly is a globally renowned commercial management company focusing on supply chain innovation in retail commercial complexes and has invested in projects such as Hitaly Outlet Shopping Park of Shanghai.