JD.com is an online shopping platform led by their genius Chief Executive Officer, Richard Liu Qiangdong. JD.com is now collaborating and corroborating with a lot of their investors to be able to step up their game and be a more successful company – with the excellent track record of JD.com as an online shopping platform, they have attracted a lot of giant companies as their investors — companies like: Google, Tencent, and Walmart have been entrusting their funds and company assets to JD.com. Online shopping has attracted a lot of consumers simply because of the convenience and comfort of being able to browse and shop at the comfort of your own home.
JD.com knows the struggle of losing a part of your market in your brick and mortar stores because JD.com also had history on having brick and mortar stores and heavily relying on the influx of people in their stores and relying on human interaction in order to sell your products. Because of the advancement of technology today, and the widening of the avid fan base of online shopping some brick and mortar stores have been losing their market because of the convenience of online shopping. One of the main companies that have been losing sales are bookstores. Bookstores also heavily rely on human traffic to sell their products.
And JD.com, as a successful online shopping platform is collaborating with bookstores to help them out send and spread their products to a wider market to save their sales. JD.com has taken it onto themselves to help Chinese-ran businesses and ultimately help China to boost up the economy. This makes JD.com not only a business, but a compassionate and a helpful one. Businesses are not only competition – but can also be allies into uplifting each other up. I mean, if you are a business concerning remotes, and you know someone who distributes cameras, why not collaborate and help each other out. While you are not direct competitors, you can use each others platforms as a way of selling your products to a wider market and a wider audience. So why not collaborate and help each other out right?
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