JD.com released a three-kilometer real-time retail model to help the digital transformation of local small and medium-sized brick-and-mortar stores

CTOnews.com October 18 news, according to financial reports, JD.com today officially released the instant retail three-kilometer model, and announced the "five-year action plan."

According to the official website of JD.com, the ▲ source JD.com official website, JD.com 's real-time retail three-kilometer model relies on JD.com 's digitization, local supply chain integration, and real-time delivery to achieve "consumer orders, store delivery, and goods delivery within 3-5 kilometers", realizing the three key values of helping entities, stabilizing employment, and promoting consumption.

To this end, JD.com announced the Real-time Retail "five-year Action Plan." In terms of helping entities, JD.com plans to help the digital transformation of more than 2 million local small and medium-sized entity stores; in terms of stable employment, it will provide 10 million flexible jobs for society; and in terms of promoting consumption, we will work with ecological partners to drive trillions of consumption.

▲ Tuyuan Dada official website according to CTOnews.com previously reported that JD.com in recent years in the city express continued efforts, and in February last year completed the subscription Dada Group issued common shares transaction. After the completion of the transaction, including its current shareholding, JD.com Group holds about 52 per cent of Dada Group. Dada further strategy to undertake JD.com real-time retail and real-time distribution business, and JD.com strategic resources support.

In August this year, Dada Express launched a "special instant delivery" delivery product in the same city, officially announcing that "an average of 20 minutes for pick-up, an average of 1 hour for delivery in the same city, and 30 minutes for order delivery within 3 kilometers."