As considerable time went on, Richard Liu would undoubtedly continue revolutionizing the way that the Chinese retail market did business.
In December of 2018, JD.com entered into a collaborative partnership with Mitsubishi Chemical, an innovative Japanese-based chemical technology company.
JD.com was looking keenly to promptly enter the agricultural marketplace, and Mitsubishi Chemical expressed aspirations of efficiently producing organic products for the Chinese market. In a cooperative project that spanned a year, the remarkable pair were able to sufficiently develop a sustainable industrial sized hydroponic system. The commercial venture was geared towards providing organic produces to JD.com and 7 Fresh consumers, at an affordable price.
The funded project is relatively recent, but already it has produced nutritious vegetables and savory herbs that are ready to appear on the retail market. Also, with the introduction of drone technology, JD.com presently includes same-day and next-day distribution options for both local and rural customers.
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