Sep 26, 2021|
JD’s Digital Contracting Platform Save Resources Tremendously
by Vivian Yang
JD Technology kicked off a new round of promotion of its digital contracting services on September 17th, aiming to bring the blockchain-based technology to more SMEs and support them to go paperless in business operation.
To date, JD’s digital contracting platform has assisted on managing over 4 billion contracts for more than 500,000 enterprise users. If a contract uses 10 pieces of A4 paper on average, the platform has accumulatively saved 40 billion pieces of paper so far, which equates to the save of 13 million trees and reducing more than 4 million tons of carbon dioxide emissions.
A number of China’s well-known enterprises such as Xiamen ITG Group Corp. adopted the platform recently, and estimates show that the service will help them save 80% time in the work of contract processing, and lower costs of contract signing by 60%.
Enabled by digital certificates and blockchain, the service makes sure that all parties in a transaction can share the same view of a live contract, and every step and revision of the contract is recorded, creating a tamper-proof audit trail. The blockchain system can also enable hashlock on confidential contracts to ensure the safety of the original document and data privacy.
As a one-stop solution, the platform offers contract templates, digital stamps, e-signing, archiving services and more. All data is strictly scrutinized before being connected to the platform, and will continue to go through rigid reviews in every step of data generation, transfer, storage and other actions to secure data authenticity. More importantly, the complete evidence chain is synchronized with courts, notary offices and other judicial bodies, ensuring contacts’ judicial validity and management efficiency.
Heavy technology aside, the platform is easy to use, as it supports multi-interfaces on computers, app, Wechat mini program and more, as well as simultaneous actions by different people.
New users of the platform will not only enjoy discounts and a service package for free, but also become a certified member of JD’s “zero-carbon enterprise” program.
Dec 28, 2021|
JD.com Donates Protection Materials and Living Supplies to Xi’an
by Yuchuan Wang
At 3 am on December 24, a truckload of protection materials and living supplies donated by JD.com were transported to Xi’an, ranging from masks, medical protective clothing and disinfectants to tents, drinking water and instant noodles, among many others. The city is currently under lockdown after a recent COVID-19 outbreak.
JD has strengthened its disinfection measures across the supply chain in Xi’an to ensure goods safety by disinfecting all of the logistics and shopping venues, devices, parcels and vehicles on an hourly basis.
JD Health rapidly launched a 24×7 free consultation service for users in Xi’an and other places stricken by the new round of COVID-19 cases. The free service covers nearly 20 out-patient departments that meet users’ various demands.
JD’s SEVEN FRESH supermarkets in Xi’an provide daily necessities to local customers without interruption.
While ensuring supplies will reach the frontline, JD.com provides COVID-19 insurance to all of its employees in Xi’an.
At the same time, JD Logistics has deployed several autonomous delivery vehicles in Xi’an Jiaotong University, Shaanxi Polytechnic Institute and Shaanxi Railway Institute to provide contactless delivery to teachers and students.
In 2012, JD.com’s founder Richard Liu announced a company regulation stating that if a disaster happens anywhere in the country, the nearest JD warehouse should immediately donate and transport its goods to meet the emergency demands, and that the management of any such warehouse would not need to obtain prior approval.
Dec 8, 2021|
JD and ATRenew Co-launch Circular Economy Report
by Vivian Yang
The post-consumption electronic wastes generated in big cities represent the sleeping “metal mines” — if “waken up“ and fed into the recycling loop, they would create considerable economic and environmental benefits. This is the conclusion from the latest “2021 Circular Economy Research Report” released on Dec. 1，co-produced by JD.com, Kearney and ATRenew, a technology-driven used consumer electronics transactions and services platform in China and an investee of JD.com.
The report noted that promoting trade-in services play a significant role in putting idle electronic products, primarily mobile phones, into the circular economy as well as boosting consumption, especially when it comes to big-sized home appliances in physical stores, according to data from JD and ATRenew’s user survey and second-hand goods sales data over the last four years.
In 2020, through close collaboration with JD.com and other retailers, ATRenew recycled more than 23 million second-hand products, mostly electronics, for resale or disposal in an environmentally responsible way. It enabled more than 100,000 SMEs to offer products’ trade-in services last year and dismantled about 225,000 electronic products, cutting down 36.1 tons of e-waste.
While the report emphasized the necessity of e-waste recycling both for the sake of metal parts value such as copper, gold, silver, palladium and other metals, and reducing heavy metal and battery pollution, it also revealed consumers’ various concerns over returning their electronic goods.
Around 46% of respondents claimed they don’t have a convenient way to dispose of their outdated electronic devices; 17.8% expressed concerns about data security; and 38% said they keep three or more idle electronic goods at home.
According to CINNO Research, an industry consultancy, 307 million mobile phones were sold in China in 2020. According to a JD Mobile user survey, roughly half of consumers replace their electronic items, mostly mobile phones, every two years.
To step up efforts on consumer electronics recycling, this July, ATRenew launched a pilot initiative called the “integrated city model” to bring together resources and capabilities of cities, merchants, retailers, and customers to increase the rate of circular economy adoption.
At the same time, JD.com announced a new 5-year low-carbon program in 2021, pledging to invest RMB 1 billion yuan in green supply chain construction and a 35 percent increase in carbon efficiency.
A Bunch of Niche Fashion Brands Kick Off on JD.com
