Dec 22, 2017|
TAG Heuer
TAG Heuer is an extraordinary company which has continually revolutionized watchmaking since its creation back in 1860 by the young man, Edouard Heuer, aged just 20 years old. There have been major technical revolutions such as the oscillating pinion in 1887, aesthetic revolutions embodied in iconic models such as the TAG Heuer Carrera launched in 1963, and commercial revolutions that very quickly brought us legendary ambassadors such as Juan Manuel Fangio. But what really sets TAG Heuer apart is the exceptional quality of its watches and chronographs, of which we as a company are immensely proud. Reliable and robust, these objects are a joy to own and wear, and they form part of our everyday lives. What more could a watch manufacturer ask for?
Sep 7, 2024|
Moody’s Upgrades JD.com to A3 Rating, Citing Resilient E-commerce Business Model Operations and Supply Chain Capabilities
On September 4th, Moody’s Ratings updated JD.com’s issuer and senior unsecured ratings to A3 from Baa1 and revised the outlook to stable. This marks the third time Moody’s has upgraded the company’s rating since 2016.
“The ratings upgrade and stable outlook reflect JD.com’s leading market position in China’s e-commerce market with a unique and resilient business model, supported by deep supply-chain capability and economies of scale as well as its prudent financial policy that underpins low leverage and a solid net cash position,” Shawn Xiong, a Moody’s Ratings Vice President and Senior Analyst.
Moody’s anticipates that JD’s core retail business will experience steady to moderate revenue growth over the next 12-18 months, thanks to its expanding third-party marketplace business (3P) and an increase in the number of 3P merchants, along with a growing revenue share from JD Logistics.
Moreover, the ratings agency expects margins to remain stable during this period, driven by efficient cost control, improved operational efficiency, and ongoing product category optimization. JD’s second-quarter earnings report disclosed that its Non-GAAP net margin reached 5% for the first time, influenced by a gross margin expansion to a record level of 15.8% in the quarter, reflecting enhancements across nearly every category.
(vivian.yang@jd.com)
Sep 5, 2024|
Ochama Enhances Customer Convenience with New Pickup Points and Expands Next-Day Delivery Options in France
Ochama, the European omni-channel retail brand of JD.com, Inc. (also known as JINGDONG), recently announced an expansion of its pickup point network in the Paris region to improve fulfillment efficiency aross France. Leveraging JD Logistics’ local warehouse in Paris, this expansion enables customers to collect their orders as soon as the day after ordering, starting from September 2nd. Additionally, ochama now offers next-day home delivery for over 1,000 selected items—including food and beverages, both fresh and frozen, as well as electronics, home goods, and more— enhancing shopping convenience throughout France.
This initiative marks a significant milestone in ochama’s expansion within the European market, responding to a 172% year-on-year increase in order volume in France from January to August this year. By streamlining fulfillment processes and maintaining a diverse range of high-quality products, ochama is poised to deliver an even more seamless and efficient shopping experience for French consumers.
Since its launch in the Netherlands in January 2022, ochama has been committed to offering consumers high-quality products at competitive prices. Benefiting from JD.com, Inc.’s extensive global network of suppliers and partners, ochama offers an expansive product selection that spans fresh food, home appliances, electronics, beauty products, and lifestyle goods. Over the past year, ochama’s product offerings have more than doubled, now including a wide array of large appliances such as air conditioners, televisions, refrigerators, washing machines, dryers, and electric bicycles, which are backed by a comprehensive 180-day replacement policy.
Ochama is dedicated to innovation in service delivery and continues to expand its service footprint across Europe. The brand currently offers home delivery services in 24 European countries and operates over 800 pick-up points in the Netherlands, Germany, Belgium, and France. Additionally, ochama offers more than 1,000 pickup lockers across the Netherlands and Belgium. The newly launched “ohama 1h delivery” service in Amsterdam ensures that orders placed between 9:00 A.M. and 11:00 P.M. are delivered within one hour, and orders received after 11:00 P.M. are delivered by 10:00 A.M. the next morning.
Supported by JD.com, Inc.’s cutting-edge automated logistics technology and robust global supply chain infrastructure, ochama is committed to enhancing the efficiency and convenience of the shopping experience for customers across Europe.
About ochama
Ochama is an innovative B2C omni-channel retailer that uses state-of-the-art retail and supply chain solutions to offer a comprehensive, full-category assortment of both top-rated and budget-friendly products at the best prices. A subsidiary of JD.com, Inc., China’s largest retailer by revenue, ochama leverages advanced supply chain technologies and automated warehouses to redefine the shopping landscape. Our slogan, “Shopping made simple,” perfectly captures our mission. We are dedicated to fulfilling all our customers’ needs and providing a shopping experience that is not only easy and convenient but also enjoyable and fun.
Follow ochama:
- TikTok: @ochama.official
- Instagram: @ochama.official
- Facebook: @ochama
- X: @ochama_official
- YouTube: @ochamaofficial
- LinkedIn: @ochama
Contact: support@ochama.com
Under Armour
