Alibaba rival JD.com plays the long-game on technology investment
https://techcrunch.com/2018/11/06/alibaba-rival-jd-com-plays-the-long-game-on-technology-investment/
China’s JD.com has made it clear recently that it’s venturing into artificial intelligence and automation. Every few months over the past year, the online retailer – China’s second-largest by transactions after Alibaba – has unveiled new products based on cutting-edge technology: for example drone delivery, self-driving trucks, fully automated warehouses, to name a few.
Most of these technologies are still in their testing phase and JD’s ever expanding technology investment is already eating into its profitability.