How JD.com uses technology to deliver to its customers
NOTnot only is JD.com (NASDAQ: JD) one of the biggest e-commerce players in China, it is also one of the most technologically advanced. On a fool live episode recorded April 14Fool.com contributor Brian Withers explains how the company is testing drones and autonomous delivery vehicles expand the capabilities of its extensive execution and delivery network.
10 stocks we prefer at JD.com
When investment geniuses David and Tom Gardner have stock advice, it can pay off to listen. After all, the newsletter they’ve been running for over a decade, Motley Fool Equity Advisor, has tripled the market. *
David and Tom have just revealed what they believe to be the ten best stocks for investors to buy now … and JD.com was not one of them! That’s right – they think these 10 stocks are even better buys.
* The portfolio advisor returns on February 24, 2021
Brian Withers: Let me move on to JD.com. This is new for the show. JD is one of the largest e-commerce companies in China, one of the largest from the revenue point of view, and it has built a large logistics network. It has more than 900 warehouses across the country and only serves China with 175,000 employees, as of December 2019; it’s not even the most recent issue. Of these, most are last mile delivery men, some 130,000 of them.
It’s no surprise that this company is branching out into drones; he has been interested in drones since 2016 and self-driving delivery vehicles. Earlier this week, Beijing announced that there is a city plan for autonomous driving pilot zones where self-driving cars can go on their own, and JD.com is one of the partners that may use this site. test in Beijing. for its autonomous delivery vehicles.
Surprisingly, JD Logistics was the first company to apply Level 4 autonomous driving technology to public roads, which means Level 1 is a driving aid like you are going to turn and then [the mirror] it will light up if someone is in your blind spot. It’s a level 1. I think it goes up to level five, which is completely autonomous. You push the button, you tell him where to go and he can handle it. Level 4 is quite impressive. Watch their earnings come out on May 21. It’s really interesting to look at their technological development and their ability to evolve this logistics network and continue to deliver customers faster and cheaper in China.
Brian withers owns shares of JD.com. The Motley Fool owns stock and recommends JD.com. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.