In the first office of Liu Qiangdong, the chairman of the board of Jingdong Group, there is a line of four-character calligraphy: 'only first.'
'Ali, Tencent are in the front, when can Jingdong become the first?
In the afternoon of January 24, local time, in an interview with Davos Forum titled 'Insight, New Observation: Dialogue Liu Qiangdong', well-known entrepreneur David M. Rubenstein told Liu Qiang East sent this question.
In the face of asking questions, Liu Qiangdong said that the BOE will become the No. 1 supplier in the domestic e-commerce industry in the next four years. However, it will take time for the finance, logistics and other technologies.
It is reported that this is the Davos Forum for the first time to attend the meeting of Liu Qiang East to create a special meeting.
Liu Qiangdong no longer show English, the entire Chinese completed the dialogue.
Liu Qiang East was asked Jingdong name origin: I hope his wife is not on the scene
When asked how the name of Jingdong came about, Liu Qiangdong first gagged and said how to set up Jingdong. The host apparently was not satisfied with the answer. He asked him again and again. Liu Qiangdong finally said, 'I really hope my wife (Zhang Zetian) Not at the scene, it was my last word with my first girlfriend.
Jingdong's 'Jing' is taken from Liu Qiangdong's first girlfriend, Gong Xiaojing, who was escorted by his wife Zhang Zetian to attend the Davos Forum.
Do not think Jingdong like Amazon: 2003 only know Dangdang
When asked if Jingdong was very much like Amazon, Liu Qiangdong denied it. Actually, we are not learning from it. When I was an electric dealer during the SARS in 2003, I did not know what was Amazon at the time.
Liu Qiangdong said that during the period of SARS in 2003, when he was operating an electronics store in Beijing's Zhongguancun, he started his e-commerce business by thinking of online trading and avoiding the possibility of face-to-face infection with his customers. By 2004, he found that online With lower supply chain costs, we decided to close the offline stores and do online business exclusively. At the beginning, we were restricted by funds and only digital products. Then we gradually added new categories and basically covered all categories by 2015. Now FMCG and accessories Demand for fashion items is growing rapidly.
Currently, Jingdong reaches 60 billion U.S. dollars in sales each year. Currently, there are 161,778 employees, an average of more than 30,000 employees each year, and 500 logistics centers in China.
Jingdong Internationalization: This year will go to Vietnam and other Southeast Asian countries
Regarding international business, Liu Qiangdong said Jingdong will not only develop in China but will consider development in major cities around the world. After entering the markets of Indonesia and Thailand, JD.com will go to Southeast Asian countries such as Vietnam in 2018.
The introduction of Liu Qiang East and the internationalization of Jingdong can be divided into a two-step strategy: The first step is to bring the favorite overseas brands of China to China so that the Chinese can buy any brand they want in the world without going abroad. The second step is to bring high-quality Chinese brands abroad, but this is something that will be two decades after the next ten years.
Jingdong just announced on January 16 and VNG companies to participate in the Vietnam E-commerce platform Tiki's C round of financing, the capital increase, Jingdong will become one of Tiki's largest shareholder.More early, Jingdong and Thai Shangtai Group set up a joint venture Together to create an online retail platform for the Southeast Asian market.
'To be honest, there is currently no import business for Chinese brands sold overseas so it takes about ten to fifteen years,' said Liu Qiangdong.
Liu Qiang East said that the logistics and financial services will follow an internationalization.
The CEO of JD.com, Chen Shengqiang, also appeared in Davos and gathered with the leaders of the world's top financial institutions such as VISA, NASDAQ, HSBC, Standard Chartered Bank and MasterCard to open up an imagination for Jingdong Finance's international cooperation.
According to Chen Shengqiang introduction, Jingdong Financial set up R & D center in Silicon Valley, the future does not rule out that in Europe, Israel set up a new R & D center.
Jingdong Financial will apply for a certain license if necessary
Local time on January 23, Liu Qiangdong in Davos during an interview with the media, said that if necessary, Jingdong Finance will still apply for a certain license in order to obtain the trust of cooperation with financial institutions.
Jingdong Financial Group is a financial technology company that operates independently since 2013. Since February 2017, Jingdong Financial has started its transition from self-operated finance to an open platform for financial technology.
Jingdong Finance itself did not seek to do their own banking, securities, traditional finance that thing, but to help traditional and emerging financial institutions to optimize the risk control system to reduce the bad debt ratio.
Liu Qiang Dong said that the license is simply to carry out business compliance is to promote an important means of cooperation with banks. 'We also need to use our own license, take our own money, take risks to optimize the risk control system, there are practical Achievements have partners believe you, believe you can use your other people, and ultimately achieve your goal.
At present, the financial licenses have been strictly controlled and are the focus of competition among financial institutions, and financial licenses are also the basic starting point for Internet companies to intervene in financial business.
At present, Tencent and Ali's financial layout is significantly stronger than that of Baidu and Jingdong. Tencent has completed the third-party payment, banking, wealth management, credit, small loans, insurance, fund payment, fund sales and other layouts in the financial sector, Gold indirectly won the full license of domestic brokerage, is all of the Internet financial players in one of the most complete financial license of the company.
Jingdong Finance has not been in the field of securities gains, with the tightening of financial regulation, Jingdong Finance to imagine Tencent, Ali won the bank, the insurance license is very difficult.
In February 2017, a letter titled "Document for Leading Group Office of Internet Financial Risk Special Remediation Work" stated that Jingdong was suspected of underwriting unauthorized issuance of securities for alleged misleading fraud and misleading of suspicion of commodity trading, but then Jingdong Financial Denied having received the letter.
Currently, JD Capital cooperates with more than 400 banks, more than 120 insurance companies, over 110 fund companies and over 40 securities, trusts and rating agencies in the country.
'The future of logistics sector will be listed independently'
Jingdong is now increasing investment and logistics areas.
'Jingdong logistics are financing, and will be listed on the independent' Liu Qudong on Jingdong logistics to respond positively to the issue of the market.
The specific place for listing, Qiang East, said it was too early because of the time to market, and no final decision.
In mid-January, Reuters quoted people familiar with the matter as saying that Jingdong plans to get the logistics business to market and embark on a financing plan for the logistics business with a goal of raising at least $ 2 billion.
Jingdong Logistics Group was established in April 2017, the day of the establishment, the CEO once said that the future does not rule out the possibility of independent financing and the listing, but at that time everything is still in the envisaged stage.