JD.com, In­tel to set up on­line in­no­va­tion lab

China Daily (Canada) - - NEWSCAPSULE -

China’s e-com­merce gi­ant JD.com Inc signed a frame­work agree­ment with In­tel Corp to set up a joint in­no­va­tion lab­o­ra­tory to ex­plore “real sense” shop­ping on­line.

The two Nas­daq-listed firms will de­velop ap­pli­ca­tions such as 3D prod­uct dis­play and visual fit­ting rooms for Jing­dong’s re­tail web­site JD.com, ac­cord­ing to the agree­ment.

Other col­lab­o­ra­tive projects in the pipe­line for the next two years in­clude smart hard­ware as well as plans to de­velop tai­lor-made servers for cor­po­rate cus­tomers to help them pro­mote on­line sales of their prod­ucts.

JD.com Inc is one of four Chi­nese firms in the world’s top 10 In­ter­net com­pa­nies by mar­ket value. It moved on­line in 2004, sell­ing con­sumer elec­tron­ics, com­put­ers and books. Now it has 25 mil­lion regis­tered users and 6,000 sup­pli­ers na­tion­wide. By the end of 2013, JD.com Inc had 82 ware­houses in 34 ci­ties, almost 1,500 de­liv­ery ter­mi­nals in 460 ci­ties, and 209 lo­ca­tions for cus­tomers to pick up their or­ders.

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