JD.com

All you need to know in the tech world today.

JD is known to invest a lot in logistics. Shoppers seem to appreciate the enhanced customer experience.

China’s JD.com is teaming up with Sequoia China to raise up to RMB40 billion (US$5.81 billion) for a state-owned fund that invests in China’s long-term and strategic tech areas.

Let’s have a look at the impressive network that JD.com has built over the years.

The expansion plans comes after the company had earlier announced plans to enter the US market end of this year

A few weeks ago, I visited a JD distribution center in west Beijing. It was a small facility consisting of a storefront, a bunch of delivery karts lined up outside and space for trucks to pull up.

JD seeks to build a drone network and deliver all purchases to anywhere in China within 24 hours.

JD’s online shopping festival unveils its ambitions in social e-commerce and new retail.