• Alibaba rival JD.com plays the long-game on technology investment

    12 days ago - By Tech Crunch

    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.
    In the second quarter, the retail titan's technology expenses were up over...
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