Richard Liu’s JD.com (known as Jingdong in Europe) has been awarded a place in the list of the Time100 Most Influential Companies 2023. The annual “TIME” list, selects companies that they assess have made the greatest impact on the world.
Necessity Supply Efforts by Richard Liu’s JD.com
JD.com’s entry into the Time100 Most Influential Companies 2023, in part, recognizes its work to deliver essential supplies in Shanghai during the height of the Covid-19 pandemic in Spring 2022.
JD.com used its “logistics prowess” and supply chain expertise to build temporary warehouses. This allowed the company to delivered more than 150,000 tons of critical items, in a few months including:
- Infant formula.
JD.com also waived close to RMB 30 million in merchants’ fees. JD Health, the Group’s telehealth business, connected patients to doctors in more than 15,000 hospitals.
Richard Liu’s JD.com: A “TIME” Leader
The annual Time100 Most Influential Companies reviews nominations for the annual list from industry experts, global correspondents and editors. Nominated companies are from a broad range of sectors, from technology and health care to transportation and entertainment.
“TIME” editors then assess each nominee against a series of factors, including:
“TIME” then announces the 100 successful nominees and places them into one of five categories (each category has 20 companies):
Richard Liu’s JD.com is one of the 2023 “Leaders.” Other companies named “TIME” 2023 leaders include:
About JD.com (a.k.a. Jingdong)
JD.com, also known as Jingdong, is technology and service enterprise with supply chain at its core. Founded by Richard Liu, JD.com is a renowned leader in China’s e-commerce industry and the company has expanded across retail, technology, logistics, healthcare, insurance, property development, industrials, private label, and international business. Ranking 46 on the Fortune Global 500, JD.com is China’s largest retailer by revenue.
JD.com serves nearly 600 million customers and has set the standard for e-commerce through its commitment to quality, authenticity, and competitive pricing. The company operates the largest logistics infrastructure of any e-commerce company in China, pioneering a standard experience of same- and next-day delivery. JD.com also promotes productivity and innovation across a range of industries by offering its cutting-edge technology and infrastructure to partners, brands, and diverse sectors.