Image source: Oriental IC Blue Whale TMT Channel June 29th, this evening, JD.com Group announced that the company has renewed a three-year strategic cooperation agreement with Tencent. According to the agreement, the two parties will carry out business cooperation in areas such a

Image source: Oriental IC

Blue Whale TMT Channel June 29th, this evening, JD.com Group announced that the company has renewed a three-year strategic cooperation agreement with Tencent . According to the agreement, the two parties will carry out business cooperation in areas such as physical e-commerce portals, cloud technology and cloud services, membership systems, online meetings, corporate services, smart retail, and advertising. The

announcement shows that Tencent will continue to provide significant first- and second-level access to JD.com on its WeChat platform and provide traffic support. The value of the cooperation is expected to be a combination of cash and JD.com shares in the next three years. form of payment or delivery. As part of the total consideration, JD.com will issue a certain number of Class A ordinary shares to Tencent, with a value of up to US$220 million, determined with reference to the prevailing market price on certain predetermined dates within a three-year period.

is reported that on the basis of continuing good cooperation in the past, according to changes in the external environment and adapting to industry development trends, the two parties have further expanded and deepened the specific cooperation content and areas, and strengthened cooperation in technological innovation, supply chain services and other fields. In terms of technical cooperation,

, the two parties will deepen cooperation based on their respective advantages, strengthen technical exchanges and cooperation in the fields of , artificial intelligence, and other fields, and jointly create joint technical solutions. The two parties also plan to create a joint technology laboratory in areas such as information security to explore more directions for technical cooperation.

In terms of supply chain services, JD.com, as a technology and service company based on the supply chain, will give full play to its supply chain advantages and provide edge computing , digital intelligent procurement, industrial interconnection, supply chain finance, smart logistics, C2M products Innovation and other services. At the same time, JD.com will also participate in the "Thousand Sails Project" with its superior technical capabilities to help the "digital and real integration" process.

In addition to the contents involved in the strategic cooperation agreement, both parties also agreed to seek more in-depth strategic cooperation opportunities in a wider range of fields in the future.