JD inks deals to widen scope of business

Technology and innovation, including the application of artificial intelligence, big data and robotics, continue to help China's e-commerce companies drive business while consolidating their retail infrastructure and expanding their ties with foreign partners.

At the recently concluded 2020 Consumer Electronics Show, or CES, in Las Vegas, China's Nasdaq-listed JD announced a series of contracts with several partners, including HP, Microsoft and Kingston, to meet the needs of its more than 330 million Chinese consumers.

One of the two major business to business, or B2C, online retailers in China, JD reported revenue of $67.2 billion in 2018. At CES, the company also unveiled its intentions to move into other areas, including gaming and data storage, as well as enhancing customer satisfaction by improving its omnichannel, which includes online and bricks-and-mortar businesses.