If there is an equivalent for the “Amazon of China”, Jingdong Mall is the best candidate. Jingdong Mall, also known as JD.com, has launched its platform in Thailand.
Jingdong has partnered with Central Group. The e-commerce platform is called JD Central and it’s been established after operating for three months. The partnership will offer direct sales as well as market models as it features various product categories including home appliances, music, and books. Vincent Yang of JD.com said the launch of JD Central marks the onset of another step in JD’s journey to serve clients in Southeast Asia. The company already operates in Indonesia and Vietnam. Fashion companies keen on expanding their horizons in Thailand should observe JD Central since fashion is in the leading category.
Jingdong Mall is an e-commerce firm headquartered in Beijing. It’s one of the leading B2C online retailers by transaction input. It’s also a Fortune 500 Company and a rival to Alibaba-run Tmall. In 2018, the company garnered 301.8 million users. Liu Qiangdong established JD.Com in 1998. Its retail platforms were launched in 2004. It began as an online optical store then diversified into selling electronics, computers, and mobile phones. In 2007, the firm changed its domain name to 360buy.com. In 2013, it rebranded to JD.com and publicized its new logo. View Related Info Here.
JD.com uses the Jingteng Plan to offer brand owners accurate target market and diverse channels to sell their products. They also provide authentic goods at low prices as well as quality assurance. Clients come first. Jingdong has 170 million users while Tencent has more clients in WeChat and QQ. The plan assimilates consumer behavior data as well as social data. It also incorporates marketing solutions for social data. The user portraits and personalized creativity are some of Jinteng’s projects.
Jingdong is one of the leading companies in high tech besides AI deliver via drones, robots, and autonomous technology. It possesses the largest drone for deliveries with the strongest capability in the universe. It’s recently launched a testing program for robotic delivery services as well as drone delivery airports and operating driverless delivery via launching its autonomous truck. Over the years, JD.com has increased shares in mobile consumers in China. It invested $397 million in a luxury e-commerce platform called Farfetch in 2017.