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MarketScreener Homepage  >  Equities  >  Nasdaq  >  JD.com, Inc.    JD

JD.COM, INC.

(JD)
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JD com : Launches Integrated Technology Service Solutions for Enterprises

10/19/2020 | 11:30am EST

by Ling Cao

JD has launched a technology service brand Dianjiezhi(电解智,pronounces same as 电解质 electrolyte, literally means e-solution wisdom) , which provides integrated technology service solutions for enterprises, in order to facilitate their digital transformation and to make their supply chain more agile. This has been announced during an offline event on October 15th.

Chunzheng Song, president of JD Business said, 'Digitalization, network and intelligence are key factors for the next wave of technological and industrial revolution, especially for a company's supply chain. JD aims to open up and share its long-term capabilities in technology, product and application experience with enterprises, in order to promote their business sustainability.'

There are several challenges for enterprises going digital. First, data is generally not shared among companies. Second, it can be difficult to apply and test the technology in real scenarios. In response to these challenges, JD's newly launched solutions can integrate technology and services together, building and designing top-level technology, connecting different data and supporting operations. The services will cover the integrated process from pre-purchase to post-sales.

With seven years of operation, JD's Business department has already served over 8 million enterprise clients in multiple industries. During the pandemic, JD has created a SaaS platform for business procurement, providing 1.31 million clients with a stable and efficient service, helping them resume production and operation.

Going forward, JD will continue to make the solution more comprehensive and tailored for each enterprise.

(ling.cao@jd.com)

Disclaimer

JD.com Inc. published this content on 19 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 October 2020 15:29:08 UTC


© Publicnow 2020
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Financials
Sales 2020 739 B 112 B 112 B
Net income 2020 24 829 M 3 775 M 3 775 M
Net cash 2020 90 181 M 13 711 M 13 711 M
P/E ratio 2020 34,5x
Yield 2020 -
Capitalization 899 B 137 B 137 B
EV / Sales 2020 1,09x
EV / Sales 2021 0,87x
Nbr of Employees 284 000
Free-Float 69,1%
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Mean consensus BUY
Number of Analysts 38
Average target price 638,88 CNY
Last Close Price 580,24 CNY
Spread / Highest target 28,2%
Spread / Average Target 10,1%
Spread / Lowest Target -17,5%
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Managers
NameTitle
Qiang Dong Liu Chairman & Chief Executive Officer
Nan Li Director-Strategy & Operations
Ran Xu Chief Financial Officer, Senior VP & CFO-JD Retail
Chi Ping Lau Director
Ming Huang Independent Director
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