JD is very serious about AI and other emerging technologies. The online retailer wants to lead China’s innovations not only in terms of business models but also in technologies. “Technology underscores many facets of our business. It is a big focus for us, in addition to user experience, logistics, and fintech, among other areas,” Zhang […]
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Jack Ma goes all-in on smart logistics infrastructure network
In a surprise appearance at last week’s Cainiao’s Global Smart Logistics Summit, Chinese tech tycoon Jack Ma announced that Cainiao Network, the logistics affiliate of Alibaba, is going to invest more than RMB 100 billion ($15 billion) to build the technical backbone for a smart logistics network aimed at improving delivery reach and efficiency. (Read […]