Zheng Quan Shi Bao·2025-06-18 05:26Core Viewpoint - JD.com has made a significant entry into the food delivery market, which has created a tense atmosphere in the industry. Founder Liu Qiangdong expressed that the past five years have been a period of stagnation and lack of innovation for the company, marking it as a lost era in his entrepreneurial journey [2][8]. Group 1: JD.com's Entry into Food Delivery - Since the launch of JD.com’s food delivery service in February 2023, the company has rapidly expanded its presence, implementing initiatives such as "zero commission recruitment for quality dining restaurants" and being the first platform to provide social insurance for delivery riders [4]. - JD.com’s food delivery service has seen impressive growth, with daily order volume surpassing 1 million on March 24 and reaching over 10 million by April 22 [4]. - Liu Qiangdong emphasized that the competition with Meituan in the food delivery sector is fundamentally about fresh supply chains, stating that the front-end food sales are not profitable, but the supply chain can generate revenue [5][6]. Group 2: Strategic Reflections and Future Plans - Liu Qiangdong reflected on the past five years as a period without growth or innovation, but mentioned that JD.com currently has six innovative projects underway, including plans for a stablecoin to facilitate global cross-border payments [8]. - The company aims to achieve a transaction volume of over 4 trillion yuan and net income of 115.88 billion yuan by 2024, with a significant increase in employee numbers, expecting to reach 900,000 by the end of Q2 2025 due to the expansion of the food delivery service [9]. - Liu Qiangdong also highlighted the importance of employee welfare, stating that JD.com has increased salaries seven times in the past year and a half, with total salary expenses reaching 116.1 billion yuan [9].