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Home > Latest

Lates News

date
18/06/2025
Spanish Minister of Energy: We will update the system to restore the flow.
Latest
7 m ago
Intercontinental Exchange sugar futures fell 3% to $465.40 per ton.
9 m ago
JPMorgan Chase said that the possibility of the African Export-Import Bank bearing loan losses is increasing.
14 m ago
NVIDIA's "favorite son" CoreWeave surges more than 8% in the short term to hit a new all-time high.
15 m ago
Liu Qiangdong reveals progress of JD International business: Not following the cross-border e-commerce model, infrastructure already basically completed.
15 m ago
Liu Qiangdong, Chairman of the Board of Directors of JD Group, said at a small-scale sharing session that JD's international business strategy is based on local e-commerce and building local teams. "We have more than 2,000 employees who are responsible for local procurement, local delivery, and only selling branded products." Liu Qiangdong stated that JD's international business does not follow the model of cross-border e-commerce. "I firmly believe that the model of cross-border e-commerce is not sustainable in the long term." Liu Qiangdong revealed that JD has been operating in Europe for three years and the infrastructure is basically complete. Regarding product selection, Liu Qiangdong said that JD's international strategy is different from Amazon's. "We initially signed agreements with 1,000 Chinese brands, and our goal is to make these 1,000 Chinese brands successful, which will mean success for JD." Liu Qiangdong said that it may take another five years, "We need to negotiate with each of these 1,000 Chinese brands, ensure compliance and local certifications, do a lot of work, and it may take another five years to bring all of these 1,000 brands overseas."
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