Top 5 College Majors Searched during China’s “Gaokao” Concern Supply Chain and Logistics

Posted on by Yuchuan Wang

by Yuchuan Wang

China Central Television and Baidu released the top 10 most popular majors searched for during the National College Entrance Exam (also known as “Gaokao”) period, of which the top five are artificial intelligence, robotics, e-commerce, Internet of Things engineering and big data technology, all of which are closely related to logistics and supply chain.

As a technology and service enterprise with supply chain at its core, JD.com provides numerous positions for aspiring talent to enter the logistics and supply chain industry.

Some of JD-Y (JD’s smart supply chain team)’s 500-person team gathers at JD Headquarters in Beijing

In 2017, JD established a supply chain institute with strategic partners including APICS SCC (American Production and Inventory Control Society Supply Chain Council) and The Value Chain Academy, to build JD’s supply chain talent training system. In 2018, JD Logistics collaborated with universities such as the University of Science & Technology Beijing and Beijing University of Posts and Telecommunications to apply academic research to JD’s Asia’s No.1 intelligent logistics parks across China.

In a letter sent to employees in January this year, Richard Liu, Chairman and CEO of JD.com wrote, “JD Logistics has achieved single quarter profitability, relying on comprehensive end-to-end supply chain service and supply chain technologies to lower society’s logistics costs and continue to increase the income of its employees…Talent is always core to JD. We will continue to improve key talent and team development, building a talent system to enforce our future.”

 

(yuchuan.wang@jd.com)

 

JD Market Cap Exceeds US$100 Billion for the First Time

Posted on by Ella Kidron

On July 8th, shares of JD.com, Inc. (NASDAQ: JD) rose over 6%, bringing JD’s market cap to over US$100 billion for the first time. According to Tencent Securities news, the average target price based on forecasts from 43 institutions is US$61.54. Earlier this year, JD reported first quarter earnings of RMB 146.2 billion yuan (US$20.6 billion), an increase of 20.7% from the first quarter of 2019. In June, the company announced its secondary listing on Hong Kong Stock Exchange (9618.HK). During the 618 Grand Promotion, JD reported transaction volume of RMB 269.2 billion, an increase of over 33.6% YOY.

JD Partners with Marine Stewardship Council to Ensure Safety of Seafood

Posted on by Yuchuan Wang

by Yuchuan Wang

JD has partnered with the Marine Stewardship Council (MSC), an international non-profit organization that formulates and promotes sustainable fisheries and supply chain management standards, to apply the organization’s stringent and sustainable fisheries standards in JD’s seafood quality control. As of now, over 70 seafood products sold on JD, including salmon, toothfish and flounder, have been labelled MSC-certified.

As of now, over 70 seafood products sold on JD, including salmon, toothfish and flounder, have been labelled MSC-certified.
The MSC label indicates that the product is sustainable and trustworthy, and that the entire process is traceable

The MSC’s blue fish label indicates that a product has come from a fishery certified to the MSC Fisheries Standard, a science-based set of requirements for sustainable fishing. Only products where the entire fishing and production process meets MSC’s standards and has been reviewed by an independent third party assessment process can be labelled with MSC. For example, MSC will collaborate with authorized laboratories to test products’ DNA to verify their origins, among other measures.

Earlier in June, JD completed nucleic acid tests on 209 batches of fresh goods – all tests have been negative for COVID-19.

“Food safety is not only the bottom line but also the lifeline for consumers. By partnering with MSC, JD will further provide our consumers peace of mind when purchasing seafood products online” said Wen Li, head of quality control at JD.com’s 7FRESH business unit.

 

(yuchuan.wang@jd.com)

JD.com Chairman and CEO Richard Liu Becomes Chairman of JD Digits

Posted on by Yuchuan Wang

Richard Liu, Chairman and CEO of JD.com recently became chairman of JD Digits.

As a Nasdaq-listed company, following US SEC’s regulation, JD.com announced in a form 6-K released on June 25th that it “has entered into agreements with JD Digits, pursuant to which JD will, through a consolidated PRC domestic company, acquire an aggregate of 36.8% equity interest in JD Digits by converting its profit sharing right with respect to JD Digits as set forth in the Framework Agreement entered into between the two parties in 2017, and investing additional RMB1.78 billion in cash in JD Digits.”

The release also mentions, “In addition, on June 20, 2020, the shareholders of JD Digits passed a unanimous resolution to restructure JD Digits as a company limited by shares (“股份有限公司” in Chinese) and adopt the dual class voting structure.”

Note: all statements in the 6-K are covered by a Safe Harbor statement available here.

JD’s 30-Minute Drug Delivery Expands Pharmacies’ Sales during COVID-19

Posted on by Vivian Yang

by Vivian Yang

Through nationwide collaboration with more than 200,000 offline pharmacies in over 200 cities so far, JD offers a 30-minute fast drug delivery service for its online users. Because the service is incredibly quick, safe and convenient, it immediately took off when rolled out earlier this year amid the lockdown period and its popularity continues to grow as shown by data from the recent 618 shopping festival.

COVID-19 has changed the living and working habits of many people, including their interaction with pharmacies. As people increasingly seek medical advice and products online, the surge of telemedicine on JD Health also means significant growth for drug delivery services.

In the first 10 minutes on June 18th, drug orders with fast delivery service on JD hit the full-day record of the same day in 2019. Transaction volume on the whole day was 492 times of the same day last year. The quickest drug order delivery was done in 8 minutes and 31 seconds.

The speedy fulfillment is made possible thanks to JD‘s extensive online-to-offline (O2O) platform and ominichanel delivery network which has now established a nationwide partnership with over 200 pharmacy chain brands. Besides the O2O model by which customers can select nearby pharmacies and place orders for timely deliveries, customers can also find all the partnered pharmacies in the city they live in on JD Pharmacy. As a supplement, pharmacies can open their JD flagship stores online. Rapid development in all three ways is further consolidating JD’s advantages in drug product supplies, multi-category coverage and delivery speed.

Click here to learn more about how JD Health built the largest pharmaceutical retail in China.

 

(vivian.yang@jd.com)

French Jewelry Brand Gas Bijoux Joins JD

Posted on by Rachel Liu

by Rachel Liu

French Jewelry brand Gas Bijoux launched its flagship store on JD on July 3rd, following a strategic partnership formed between JD and Gas Bijoux’s parent company AZLOOK.

Gas Bijoux was founded in 1969 by French artist André Gas. As a representative of French jewelry, the brand’s exquisite craftsmanship has made it popular among young customers and customers with unique fashion taste. In 2011, Gas Bijoux was awarded the label of “Living Heritage Company” by the French Ministry of Economy. Oliver Gas, CEO of Gas Bijoux, recorded a video for JD customers to celebrate the launch.

 

JD’s Gas Bijoux flagship store offers the brands’ iconic earrings, rings, bracelets and more. All the products are handmade by craftspeople in France, and all gift packages and boxes are imported from France. Customers can also enjoy JD’s premium delivery service JD Luxury Express.

Since the outbreak of epidemic, more luxury brands are attaching more importance on online channels, and JD’s supply chain advantage, fast delivery service and premium customer base have attracted many luxury brands. From January to mid-June, over 40 luxury brands joined the big family of JD.

 

(liuchang61@jd.com)

Couriers’ Bravery during COVID-19 Highlighted in National College Entrance Exam

Posted on by Ling Cao

by Ling Cao

On July 7th, China kicked off this year’s National College Entrance Examination (NCEE), commonly known as the “Gaokao” (高考). Couriers, who have heroically performed their jobs throughout COVID-19, have been highlighted and praised in three different title of compositions on the exam.

Couriers have become a national phenomenon after stepping up during the epidemic and ensuring people’s livelihoods. JD courier Dong Wang’s poetry has recently been published by the State Post Bureau’s official WeChat account. The poem is written for his mother and expresses how he feels delivering in Wuhan during COVID-19.

“Couriers are delivering in the countryside no matter if it’s rainy or windy outside,” one version of the national new Gaokao exam pointed out in a title of composition about distance and connection during the epidemic.

“‘Chinese faces’ are the tired smiling faces of medical staff under heavy protective clothing, as well as couriers who are delivering warmth along the quiet streets,” wrote the designated version of the exam for city of Tianjin.

To support families during the exam period, JD Computer and Digital department has setup offline Gaokao “love stations” in 120 cities around China, providing parents a location to rest while their kids take exams, as well as water, umbrellas, and environmentally-friendly bags. The department has also cooperated with Intel, AMD and other manufactures to hold an online event with discounts and gifts for families of students taking the Gaokao.

 

(ling.cao@jd.com)

JD.ID Marketing Chief: New Logo “Joy Horse” Marks Transformation

Posted on by Martin Li

by Martin Li

JD.ID, the e-commerce joint venture of JD.com in Indonesia, has unveiled the new mascot JOY.

Named Joy, the new mascot image features a jumping joyful white horse with a red necklace. The name “JOY” itself is taken from the company’s slogan Make JOY Happen.

“The new logo reflects JD.ID’s spirit to keep reinventing ourselves for bringing JOY of originality to customers through the best shopping experience,” said Mia Fawzia, marketing chief of the company

“It also marks the transformation of JD.ID to become a better e-commerce company. It symbolizes JD.ID’s enthusiasm and commitment to continue serving the entire community, and enabling people to live a better life, “ said Fawzia.

Fawzia added that, the new image reflects the company’s commitment to continue to be reliable and meet the needs of all customers easily, safely, and comfortably from home.

“These are the values ​​that are the focus of JD.ID, which always prioritizes service and protection of customers,” said Fawzia.

Evolution of JD.ID mascot

JD.ID’s commitment to “Dijamin Ori,” which means “authentic products” in Indonesian, has been receiving increasing recognition and popularity among Indonesians. A combination of a direct-to-consumer platform as the pillar and a marketplace for third-party merchants who share a commitment to authenticity, JD.ID witnessed 33 times growth in the number of customers who placed orders in 2019, compared with that of 2016.

 

(bjlihao3@jd.com)