JD.com has rolled out its new Jinghui Digital Supply Chain Platform, which a company blog says will work to provide full-scale digital supply chain support. The need for supply chain help comes from the evolving complexities of the demand and supply relationship. The pandemic, which...
With formidable growth in its eCommerce and cloud computing businesses, Alibaba Group Holding Ltd. noted a larger-than-expected 40 percent increase in second-quarter revenue. Sales from the firm’s eCommerce business grew approximately 40 percent to 101.22 billion yuan, and its cloud computing business notched a 64 percent...
Welcome to The Axis, your look at payments news from around the world. Coverage includes Germany’s Wirecard works with Cognigy on digital payments within chatbot conversations, India’s private sector YES BANK has introduced a cashless payment system for Smart City Udaipur and JD has launched stores in...
Chinese consumers are about to get their purchased items sooner. Walmart is pairing up with JD.com — Alibaba Group’s competitor — for a two-hour delivery service. Walmart has had an online presence in China since 2011 after buying part of the Yihaodian supermarket business. Unfortunately,...
January 24, 2022
The snack maker Utz announced Monday (Jan. 24) it will acquire two of its New York City-based distributors. The Pennsylvania chip and pretzel maker said it had signed an agreement to acquire the assets of Clem Snacks, Inc, based in Brooklyn and servicing around 100 stores in the city and Long Island, and J&D Snacks, […]
November 01, 2019
With formidable growth in its eCommerce and cloud computing businesses, Alibaba Group Holding Ltd. noted a larger-than-expected 40 percent increase in second-quarter revenue. Sales from the firm’s eCommerce business grew approximately...
January 12, 2015
The heads of China’s two leading e-commerce conglomerates are in the midst of a very public exchange of criticism as the two spar for their share of the world’s largest...
