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    China’s rural population—around 589 million people—is larger than the entire U.S. population but constitutes an economy relatively untapped by e-commerce. JD.com is rectifying this by pioneering innovative delivery solutions for rural China. Most striking is its drone delivery program: To date, JD drone deliveries are servicing over 100 villages and have made more than 20,000 delivery runs. Ultimately, JD envisions combining unmanned planes and wingless drones to complete long distance and last-mile deliveries for rural areas. (It has also innovated in urban areas, with four-wheeled autonomous minicars that can avoid traffic and find uncongested routes.) CEO Liu Qiangdong claims that when the network is expanded nationwide it will save 70% on delivery costs. Those savings will benefit not just consumers but producers too, such as farmers who want to get their goods to urban markets quicker than trucking allows.

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    Company Information

    Impact Segment
    Economic Opportunity/Financial Inclusion
    Sector
    Technology
    Industry
    Internet Services & Retailing
    CEO
    Richard Liu
    Websitehttp://www.jd.com
    Employees157,831
    Company Type
    Public
    Revenues ($M) (Last Fiscal Year)$53,610
    Profits ($M) (Last Fiscal Year)$-23
    Market Value ($M)$50,158