Sign 20 billion big achievement largest home appliance partners Jingdong beauty

January 16th, Liu Qiangdong’s visit to the Jingdong CEO group, with the U.S. group chairman and President Fang Hongbo on the new normal under the challenges faced by enterprises, the supply side reform and upgrading of consumption opportunities, enterprise development path selection and artificial intelligence technology topics in-depth exchanges, and subsequently signed a comprehensive strategic cooperation agreement an annual scale of up to 20 billion. According to the agreement, the two sides will further strengthen the already very successful strategic partnership, deepening in the intelligent home appliances, intelligent Home Furnishing, channel development, product customization, data analysis and other areas of strategic cooperation, and jointly promote the transformation and upgrading of household appliances industry leader.


Jingdong group CEO Liu Qiangdong, chairman and President of the United States and the United States signed a strategic cooperation agreement 2017

Midea Group is a leading global consumer electronics, HVAC, robotics and industrial automation systems technology group. Provide a wide range of products, including air conditioners, refrigerators, washing machines, kitchen appliances and all kinds of small household electrical appliances. Jingdong is the leading enterprise Chinese self electricity supplier and Chinese income scale biggest Internet companies, occupy 60% share of domestic appliances online shopping market (source: Ministry CCID Institute "report" analysis of China appliances online shopping in the first half of 2016). Jingdong and the strategic cooperation at the beginning of the year is the new signing needed Chinese kinetic energy appliance industry has injected a booster, a single appliance brand in the single electricity 20 billion yuan in annual sales channels previously unthinkable "astronomical". Through this strategic cooperation, the two sides will become each other’s largest home appliance supply and marketing partners.

Liu Qiangdong and Fang Hongbo spoke highly of the partners, said the two sides of this deepening strategic cooperation is the manufacturing industry, retail industry and the Internet industry in the government work report "vigorously promote the development of the real economy and industrial restructuring and upgrading of" positive response to the policy, is a powerful manifestation of corporate social responsibility.

Liu Qiangdong pointed out that the Jingdong through the wisdom of the layout of the retail industry chain, relying on artificial intelligence and automation technology to help a large number of traditional brands can greatly improve the efficiency and reduce the cost, the transformation and upgrading of power enterprise. Jingdong is pleased to achieve win-win through strategic cooperation with the manufacturing sector to become a "made in China" "new kinetic energy" to promote the transformation of the national economic structure and the prosperity of the real economy.

Fang Hongbo said that the cooperation between the United States and Jingdong, can be seen as the ability to share the performance of the value chain. Jingdong can provide Internet technology, big data analysis, intelligent cloud platform and other aspects of the manufacturing companies to help, is actively transforming and upgrading of the United States, is the ideal strategic partner. Sales channel huge line of beauty, especially in the county and township level market, can effectively help Jingdong achieve landing".


Jingdong and the United States top management team

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