Globalization has been one of the emerging trends in the business world. Most businesses are also making use of technological advancements which have also helped to revolutionize the retail sector. Busy individuals now have access to modern shopping solutions. The modernization in the business world has been of great benefit; however, the major risks involved are such as the loss of human jobs, wasteful practices, environmental fallout, among other major effects.
Some corporations are beginning to consider the effects of some of their practices. To set an example for other companies that will venture into the e-commerce sector in the nearby future, corporations such as JD.com are dedicating a majority of their resources towards maintaining inclusivity and sustainability. China has a population of 1.4 billion people. If the e-commerce companies within the country come together, they will have a significant impact on the trends that are meant to re-shape the e-commerce industry.
JD.com is also dedicated to ensuring that there is transparency. Under the leadership of Richard Liu, the company has grown extensively. Since Richard Qiangdong was knowledgeable about the e-commerce models, he has been utilizing the knowledge that he possesses to steer the company’s growth. He also made sure that the top shopping platform was user-friendly. The use of innovative technology and the formation of partnerships has steered the growth of the corporation. JD.com also ships goods to their clients on the same day or the next. Since 2004, the company has also gained a huge following. Currently, JD.com has more than 300 million active users. The company has also been delivering a considerable number of packages to more than one billion clients.
Jingdong also takes part in corporate social responsibility. They were also happy to release their corporate social responsibility report which is compiled annually. The company is also trying to reduce its carbon footprint by engaging in sustainable practices. Some of the environmentally friendly practices that JD.com has undertaken include the use of a power generation system that utilizes solar energy. They have installed this system in their logistics center located in Shanghai. JD.com is trying to set the standards when it comes to making sure that companies are engaging in environmentally friendly operations.
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