The company will launch its first European e-commerce platform and delivery services in France, with plans to roll out to the United Kingdom and Germany, according to Liu. In the UK, JD will also open an artificial intelligence research center in Cambridge and offices in London.
The company invested 46.5 billion yuan (.9 billion) on a sixth generation AMOLED production line, which was rolled out in May, at its Chengdu factory. It can turn out 48,000 glass substrate panels per month.
The company just started charging 9 per year to use its AmazonFresh same-day grocery delivery service in Seattle, New York City, Philadelphia and California. It has also launched Prime Now‘s .99?one-hour delivery in more than 20 markets, including alcohol and restaurant drop off?in Seattle.
The company is also testing other physical grocery concepts with two?AmazonFresh Pickup sites?and the experimental?Amazon Go store?in Seattle.?It has also opened?pop-up shops?in malls around the country for the past several years and installed vending machines at airports.
The company will repair the gearbox harnesses of the recalled cars free of charge. Damaged harnesses will be replaced.
The company said it has launched a car-hailing service in Russia earlier this week, marking the first European market in its global road map as it looks to outpace rivals such as Uber Technologies Co. The services will initially be available in southwestern Kazan, the capital and largest city of the Russian Republic of Tatarstan, home to the country's largest IT park.
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The company's gross profit margin increased by 0.7 percentage points to 56.8 percent, reaching a historical high. Adopting an "All-Staff Retail" system is how Anta group countered the impact from COVID-19 on its offline stores, with fast growth in online business, said the report.
The company was also ordered to pay 30.5 million yuan in fines, it said.
The company is headquartered in London, with branches in Cambridge and Edinburgh, and an office in Shanghai, China.
The company sold 246 million yuan (.65 million) worth of clothes via both online platforms and stores between March 5 and March 8 in a three-day promotional event.