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China’s leading e-com JD expanding its presence in Indonesia

Chinese e-commerce company JD plans to expand its presence in Indonesia by continuously investing in supply chain infrastructure and cutting-edge technology. Zhang Li, CEO of JD.ID, JD’s e-commerce joint venture in Indonesia, said he plans to introduce artificial intelligence-powered unmanned supermarkets and virtual cosmetic technologies and services in the country. Stated.

“We are committed to providing a reliable shopping experience through high quality and genuine products, providing advanced logistics capabilities and technical services to merchants, and developing technology-driven omni-channel models and experiences in Indonesia. We are focusing on it, “Zhang told the Chinese media.

JD will bring relatively mature technologies, services and products to market and work extensively with more local partners to enable immediate delivery and logistics services to cover a wider area of ​​Indonesia. ..

JD in China plans to expand its presence in Indonesia by continuously investing in supply chain infrastructure and cutting-edge technology. Zhang Li, CEO of JD.ID, JD’s e-commerce joint venture in Indonesia, said he plans to introduce artificial intelligence-powered unmanned supermarkets and virtual makeup technologies and services in the country.

The Chinese company recently opened its first overseas e-space store in Indonesia. E-space is the first mega retail experience store chain launched by JD in Chongqing in 2019 before spreading to other cities.

Located in one of West Java’s largest shopping malls, the approximately 1,300-square-meter store offers thousands of products from different brands of smartphones, gadgets, laptops, home appliances, home life and furniture. increase.

“As Indonesia’s first e-commerce platform to offer omni-channel sales, we are confident that we can provide consumers with the best shopping experience anytime, anywhere,” Zhang said.

According to a JPMorgan report, Indonesia’s e-commerce market accounts for only 3% of Indonesia’s total retail sales. Sales are expected to grow at a compound annual growth rate of 14.8% through 2023. For young consumers who are increasingly dependent on smartphones, the country represents a great opportunity for merchants to take advantage of it.

JD.ID started its business in Indonesia in 2015. Over the last five years, the company has set up 18 warehouses and 142 distribution stations in Indonesia, covering 90% of the state and more than 500 cities. Despite the thousands of islands in Indonesia, about 85% of orders can be delivered on the same day or the next day.

Although e-commerce is developing rapidly, more than 90% of Indonesian commerce was still offline in 2020, a report from consultancy PWC said.

The company announced the completion of its first government-approved drone flight in Indonesia in 2019, demonstrating a breakthrough in drone delivery services in Southeast Asia.

In recent years, JD has stepped up its efforts to expand its presence in Southeast Asia. We entered Thailand in 2017 by establishing a joint venture with the Thai conglomerate Central Group. In 2018, one of Vietnam’s leading companies made a strategic investment in Tiki.vn, an e-commerce platform for consumers.

Fiber2Fashion News Desk (DS)



China’s leading e-com JD expanding its presence in Indonesia

Source link China’s leading e-com JD expanding its presence in Indonesia

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