JD.com Launches Pharmaceutical Tracking Through Blockchain

 

Blockchain based technology has something that has become increasingly popular over the past few years, with a variety of different uses for it. As of late, one notable company that has been adding it to their overall business has been JD.com or Jindong.

 

Jingdong is one of the largest e-commerce retailers in the world, as well as the largest in China. The move came as the retail giant established its blockchain-based JD Medicine Open Tracing Solution, which has a few significant aims. As JD.com noted, one of the most important aspects of the move is that the company is looking to make pharmaceutical supply chains more transparent in China.

 

In a recent JD.com’s blog, “Delivering the Future of Shopping”, showcases not only the innovations that enable China’s largest retailer to deliver to customers at staggering speeds all across China via its nationwide logistics network, but also features the latest retail technology, which JD is using to empower other partners, online or offline.

 

The pharmaceutical tracking technology looks to address several issues that people in China regularly face when it comes to prescription medications. Chief among these is the fact that many are concerned with the authenticity of medicines that are delivered; the “JD Medicine Open Tracing Solution” looks to fix this by making the delivery process more reliable and much more transparent. However, JD.com has noted that the technology won’t just focus on the delivery aspect of these pharmaceuticals. Because of the retail giant’s extensive partnerships across the county, the program will be able to track the medical application, transportation, storage and sales of drugs, as well as the overall production of these drugs.

 

That doesn’t mean that tracking them needs to be so confusing or complex for JD.com’s customers. On the contrary, JD.com has ensured that the user interface is friendly and easy to use as possible. On top of this, it has been noted that the JD Medicine Open Tracing Solution uses IoT solutions to improve data collection efficiency. With that in mind, the company will be able to more reliably track each of these medicines from production to eventual delivery. Pharmaceutical drugs are something that has been the focus of a considerable amount of attention in China in recent years.  Refer to This Article for related information.

 

This is because of a few different incidents when it comes to the likes of substandard products, especially when it comes to vaccines. With this innovative approach, however, Jingdong is looking to solve many of these issues.

 

Additional reference article: https://www.amazon.com/JD-com-Story-commerce-Phenomenon/dp/1910649716

 

 

 

 

The Story Of How Richard Liu Qiangdong Changed China’s Shopping Landscape

JD.com is now the biggest e-commerce company in China and probably one in the whole world. It was valued in early 2018 for $12 billion and became one of the first Chinese companies that successfully joined NASDAQ. CEO and founder Richard Liu Qiangdong built the company from scratch with is an innovative mind and the passion to change the shopping landscape of China. Here’s how Richard Liu started his journey as China’s e-Commerce King.

 

Richard Liu Qiangdong was born in the Jiangsu province to a coal-shipping couple. His parents encouraged him to study and get a degree because they believe that’s what’s going to make him successful someday. Because of this mindset, Richard Liu finished Sociology at Renmin University. During his academic days, he also taught himself things related to computer science.

 

The first step in Richard Liu Qiangdong’s professional career is the job that he got from Japan Life, a provider of natural supplement. He became the Director of Computers thanks to the skills that he got from learning computer science lessons. However, Liu Qiangdong’s entrepreneurial calling was strong, so he decided to leave the company and create his own business. Within a year, the brick-and-mortar store Jingdong was born. He sold computer parts and other electronic products, emphasizing quality and avoiding counterfeit products.

 

After five years, Jingdong’s reputation for selling original items paid off and it became a highly profitable chain with 12 branches nationwide. Richard Liu Qiangdong’s investment paid off and the business was profitable. But because of the 2003 SARS outbreak, Richard Liu decided to close the stores in order to protect the health of his employees and started selling online using his platform. He sold his products both through online and offline means. After two years, since the online purchase produced more satisfied customers and saved a lot of costs, he decided to just stick to online selling and named his platform 360 Buy Jingdong.

 

With the success of his platform, a lot of new businesses notices the possibility of collaboration. Richard Liu saw it too and offered a partnership with new business owners. Because of this, more products are now available online, and more people are buying because of more diversified products. This is where Richard Liu decided to change the site into JD.com, the shop that is known in whole China today. View Related Info Here.

 

See also: https://www.therichest.com/celebnetworth/celebrity-business/men/liu-qiangdong-net-worth/

 

Entrepreneurship Lessons From Richard Liu Qiangdong

 

Anyone that seeks information about entrepreneurship knows about Richard Liu Qiangdong. The renowned Richard Liu is the Chinese investment genius who created a multibillion-dollar business from a humble beginning. Looking at his journey to the top, every budding business person will learn a lot of lessons. Many want to follow in his footsteps, but they do not know his story. There are those who presume that he always had it easy, but the truth is that he had rough times just like anyone. Here are some of the lessons that we can learn from his business.

 

Your childhood does not matter

If you thought that your childhood is the reason you cannot make it to the top, you need to think about Richard Liu. He was not any different from the kids that he grew alongside. His family was among the least earning ones in the Jiangsu province of China. However, Richard Liu Qiangdong was focused throughout his life and put a lot of effort into his education. This determination saw him excel in school and join one of the best universities in China.

 

Hard work is all it takes

Most budding entrepreneurs finish university and sit back waiting for opportunities to find them. However, for Richard Liu Qiangdong, learning did not stop at graduation. Notice how he went ahead to study computers even though he had studied sociology in college. In addition to that, it is crucial to note that he chose to work under a company and learn a few skills before he finally made the jump into the business. The lesson here is that apart from hard work, you should be patient enough to learn the things that you were not taught in the classroom.

We also learn from Richard Liu that your passion is what will drive your business. He had a passion for computers, and that is why he started an e-commerce business. When it went live, he did not have to work too hard to find business partners because they could already see his potential. See Related Link for more information.

That is the reason JD.com is worth an estimated $12 million and serves lots f customers from almost every part of the world.

 

More about Liu on https://seekingalpha.com/article/4226658-jd-com-will-richard-liu-deliver-2019

 

JD.com Plans To Introduce Unmanned Delivery Solutions In Japan

 

JD.com, otherwise known as Jingdong Mall is a famous name in the world’s e-commerce sector. The store has been leading in the innovation of modern logistic systems, as well as the supply of a wide array of quality consumer goods. Jingdong serves millions of customers in Asia, the United States of America, the United Kingdom, and other parts of the world.

In February 2019, prominent e-commerce store, Jingdong Mall, publicized that it had partnered with Rakuten Inc., a prominent innovation company to introduce the use of JD’s autonomous and unmanned drones in Japan. The two companies will merge their innovation expertise to develop unmanned drones used in various logistic applications. For instance, the unmanned drones would be used to deliver goods to Japan’s mountainous areas, as well as emergency settings.

Rakuten has been working with government and corporate agencies to conduct drone delivery trials in Japan. In 2018, the innovator marked its last mile challenge after doing a successful unmanned drone delivery in Japan.

“Our tech company is privileged to collaborate with Jingdong Mall, China’s leading drone innovator. We will merge Jingdong’s drones with our unmanned delivery solutions to transform Japan’s logistics sector,” said Koji Ando, a senior executive at Rakuten Inc. JD.com has been developing drones since 2015. At present, the leading e-commerce store uses drones to deliver orders to their customers in Shaanxi, Jiangsu, and other major provinces in China.

Apart from the drones, Jingdong has been using autonomous robots to deliver customer merchandise around various cities, and university campuses. In fact, in January 2019, in their blog “JD Delivery Stations Get Smart Ahead Of CES Debut”, JD has talked about the launch of two smart delivery stations in the cities of Changsha and Hohhot, strengthening the e-commerce giant’s autonomous logistics capabilities.

“Jingdong has been using drones and autonomous robots for over two years. Our primary mission is to transform the world’s logistics sector. We want to make it reliable and affordable for everyone,” claims Jun Xiao, the manager of Jingdong’s innovation lab. See This Article for additional information.

 

View additional source article: https://www.gizmochina.com/2018/06/22/googles-550-million-investment-in-jingdong-could-see-its-hardware-products-selling-on-jd-com/

 

 

 

Richard Liu The Founder Of JingDong Mall, JD.com

 

Richard Liu Qiangdong is a highly prolific businessman in China who plays a vital role in e-commerce businesses. He is the founder and the chief executive officer of JingDong Mall also known as JD.com. JD.COM is the leading e-commerce platform in the world which allows customers from China mainly to purchase goods and products from the comfort of their homes. The company has a good reputation in China and the Asia continent at large. It was launched in the year 2004.

Before launching the platform, Richard Liu used to possess a physical mall known as JingDong Mall whose initial name was 360buy. The mall was founded back in 1998 where he used to sell and supply magneto-optical products. Richard Liu is a highly skilled and professional person with a bachelor’s degree in sociology and master’s degree in computer programming. He received the bachelor’s degree from the University of China and the master’s degree from the international university of Europe and China.

He is well known in China as the pioneer of online shopping. Liu started practicing business while he was still a university student and he began by starting by a restaurant venture which collapsed a few months after its establishment. He then left the business and started working after completing his studies with one Japanese health product company as a director of business and computers. See This Page for additional information.

After working with the company for some years, chard Liu started his own business, and he opened the Jing dong mall. His business was thriving and performing excellently until the year 2003 when it recorded poor performance and as result losses. This was due to the SARS outbreak which had affected the country that year. The outbreak forced clients and staff to stay indoors, and this forced Rich Liu to think outside the brackets.

In the year 2003, Richard Liu designed a website from which the customers could buy their items at the comfort of their houses and get delivered. In 2004, Liu entirely transformed his business into an online one and called it JD.com. It was the first platform for conducting online shopping.

 

More about Liu on https://www.aacsb.edu/about/advocacy-and-awareness/member-challenges/influential-leaders/recipients/richard-qiangdong-liu

 

The Beginnings Of Richard Liu Qiangdong And JD.com

 

Richard Liu is one of the world’s most successful entrepreneurs. Valued by Forbes at a net worth of $11 billion, firmly establishing Richard Liu Qiangdong as one of the wealthiest people on planet Earth, the business magnate is known for his creation, expansion, and near-flawless operation of Jingdong, one of China’s largest e-commerce platforms.

JD.com, also known as JD or JingDong Mall, was born in 1998 as a brick-and-mortar electronics retailer based in Beijing, China. In 2003, the company had 12 locations. The next year, Liu opened JD.com – the rest is history.

The beginnings of JD.com

In 2004, Richard Liu’s company didn’t have the oodles of cash available that it currently does, limiting its ability to purchase goods to stock the company’s beginning inventory. At first, Jingdong began selling computer products that were often part of companies’ information technology infrastructures. Next came digital goods and mobile phones. Shortly after JD.com began stocking mobile phones, digital products, and a greater variety of computers.

Six years after Jingdong migrated into the online retail sector, JingDong Mall was fully stocked with all kinds of products.

Though Richard Liu Qiangdong wasn’t sure if his business would perform well after it became a tried-and-true, real-deal e-commerce platform instead of a retailer of electronics, the switch proved to be the best move of Richard Liu’s career. Go Here to learn more.

Here’s where JD.com stands today

Jingdong is currently valued at slightly less than $60 billion. The company also employs some 170,000 people. The company operates several subsidiaries and offshoots of its core business, such as JD Finance and JD Worldwide.

In mid-2014, Richard Liu Qiangdong managed to have JD listed on the NASDAQ Stock Exchange in New York City, New York. Jingdong was the first e-commerce platform from China to have its shares of ownership publicly traded on an American market. Just two months after the news from NASDAQ came, JD Finance pumped out a secure crowdfunding platform that remains one of the most popular in China.

Under the guidance of Richard Liu, JD Worldwide began importing products under its brand-new, international e-commerce platform that was separate from JD.com.

 

More about JD.com on https://www.chinamoneynetwork.com/2018/10/18/jd-com-opens-up-its-logistics-network-to-users

The Impact Of Richard Liu Qiangdong On The Tech Industry Using His Firm, JD.Com

 

Richard Liu Qiangdong is one of the investors who has gone an extra mile to ensure that all the customers in the tech industry receive the best services that they deserve.

His work at his tech firm, JD.Com, has been quite magnificent and a lot of people have applauded him for his efforts to enhance efficiency in the tech market through innovation. The innovation that Richard Liu introduced to his firm was unprecedented in the retail markets that dealt with the sales of tech-related products.

Instead of customers having to travel to the premises of Richard Liu Qiangdong to look for the products that they needed, Liu introduced an online platform whereby all the products and services would be available to the customers, and hence they would make all the transactions through the internet. On top of that, the platform ensured that the potential customers got the right instructions and information regarding the company and its products. This ensured that they would make the right decisions while purchasing the products of JD.Com.

However, the innovative decision to digitize the organization did not come like a dream. It was after the sales of the company had been adversely affected by an epidemic and hence reducing the sales and profitability of the firm. In 2003, Richard Liu Qiangdong’s company, JingDong had shown a lot of growth and development. This was after operating for five years, since 1998 when it was established. However, there was an outbreak of SARS, which resulted in the government declaring a curfew that restricted all the people from accessing the city.

As a result, the customers and the employees of JingDong could not reach the market and the stores, and hence the revenues reduced drastically. After the outbreak, Richard Liu Qiangdong figured out how he would do his operations differently to serve his customers without the risk of facing such downtime moments. He decided that he would shut down all the twelve stores that he had opened within the city and all around the country, and integrate all his sales and customers using an online portal. He converted JingDong into an e-commerce business and transformed its name to JD.Com. See This Page for more information.

 

View source: https://jdcorporateblog.com/about-richard-liu-jd-com-founder/

 

Richard Liu Qiangdong: Changing The Way Businesses Do E-Commerce

 

A lot of people want to learn more about the success of Richard Liu Qiangdong. The reason for this is because Liu Quiangdong has proven to be quite the businessman when it comes to e-commerce. In fact, he has done so well in his field that he recently sat down for an interview with the Weforum.org team and to David Rubenstein. Rubenstein wanted to understand the choices that go into the daily operation of JD.com. JD.com used to be known as Jingdong Mall. Richard Liu had started the company back in 1998 as a way to bring in money for his family. Jingdong Mall did well as an electronics-based hub, but it was not until it went online in 2004 that it really took off as a business.

 

One of the most interesting things that David Rubenstein wants to know about Richard Liu Qiangdong is why he chose to move JD.com online. Richard Liu explains that at the time, SARS was running rampant throughout the Chinese population and he feared for his employees. He did not want to needlessly expose them to the virus and customers were reluctant to come out and shop for their goods. He believed that moving Jingdong Mall to an online entity would provide a sense of safety for both parties. It took about a year to set up after the 2003 crisis but it proved to be worth it. People instantly began buying products from his website. Click Here for more information.

 

Richard Liu Qiangdong tells David Rubenstein in one of the reasons why he believes that JD.com did so well in those early days was because they offered their customers a little bit of peace of mind when it comes to their products. Richard Liu had always been very discerning about the products that he offered in his store and this did not change when he went to an online-only business style. Liu Quiangdong took e-commerce very seriously and he wanted his customers to know that the products they were getting were official and as advertised. He explains to Mr. Rubenstein that this is a major part of their business practices today as well.

 

Visit: https://www.wealthx.com/dossier/qiangdong-liu/

JD.com: An Eco-Friendly Option

 

The recent article “JD.com Launches New Reusable Package Initiative” talks about a change in the way that Jingdong Mall is going to conduct their shipping in the future. Per this post on their corporate blog, the company has already started this reusable package initiative in four major cities throughout China. Cities like Shanghai and Beijing will begin receiving an option to use the corporate branded “green box”. Many customers may be feeling uneasy about the change, but JD.com shores them that this change in shipping will not result in a change in price. Customers will pay the same prices that they always paid, this reusable package initiative is free.

 

Jingdong Mall is simply looking for a way to reduce their substantial carbon footprint and this is one of the best opportunities they have seen thus far.

 

The novel new boxes are currently only available for medium and small package items. Customers will also be interested to learn that this is not going to be an option available to them when it comes to the shipment of fresh food. Unfortunately, Jingdong Mall has made the decision to forgo its usage with fresh food to protect the public from any foodborne illnesses. The packaging will work for items such as jewelry, small electronics, beauty items, and other medium-sized household products. The company hopes to expand the coverage of this program to 20 Chinese cities by the end of 2018. They have hopes for future implementation of this program in a companywide capacity. Currently, these boxes can withstand up to 10 shipping instances until they are no longer usable. Go Here for additional information.

 

While these boxes signify an interesting change in the way that Jingdong Mall conducts their business, it is not a pattern that is uncommon for the company. They recently decided to change the packaging for their items as well. In fact, it is the company’s hope that soon more than 80% of the packaging that they have will be easily recycled by the general public. At this stage, it appears that Jingdong is taking significant steps to become one of the eco-friendlier retailers on the market. Only time will tell how successful this initiative will be for the company.

 

See also: https://www.gizmochina.com/2018/06/22/googles-550-million-investment-in-jingdong-could-see-its-hardware-products-selling-on-jd-com/