JD.com’s Chief Technology Officer Appointed To New Role
March 15 2019 - 4:31AM
JD.com, Inc. (NASDAQ: JD), China’s leading technology driven
e-commerce company and retail infrastructure service provider,
today announced that Mr. Chen Zhang will be appointed to a new role
as a senior advisor based in the United States and will depart from
his full time role as the Chief Technology Officer of JD.com
effective June 30, 2019. The company will announce a
succession plan in the future.
Richard Liu, Chairman and Chief Executive Officer of JD.com,
said, “We appreciate Chen’s valuable contribution and leadership
since he joined, and we are pleased to appoint Chen to his new
role. We wish him and his family all the best during this time. The
company will continue to further strengthen our research and
development into the coming year.”
Zhang shared, “I am grateful to be a member of the executive
leadership team, and it has been my privilege to serve as JD.com’s
Chief Technology Officer during a period of transformational
growth. Due to personal and family reasons, I am unfortunately no
longer able to work in China on a full-time basis but delighted to
provide support to the Company as an advisor abroad.”
About JD.com.
JD.com is a leading technology driven e-commerce Company and
retail infrastructure service provider in China. Its cutting-edge
retail infrastructure enables consumers to buy whatever they want,
whenever and wherever they want it. The company has opened its
technology and infrastructure to partners, brands and other
sectors, as part of its Retail as a Service offering to help drive
productivity and innovation across a range of industries. JD.com is
the largest retailer in China, a member of the NASDAQ100 and a
Fortune Global 500 company.
Contacts:
Investor Relations
Ruiyu Li Senior Director of Investor Relations +86 (10)
8912-6805 IR@JD.com
Media +86 (10) 8911-6155 Press@JD.com
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans,"
"believes," "estimates," "confident" and similar statements. Among
other things, the business outlook and quotations from management
in this announcement, as well as JD.com's strategic and operational
plans, contain forward-looking statements. JD.com may also make
written or oral forward-looking statements in its periodic reports
to the U.S. Securities and Exchange Commission (the “SEC”), in its
annual report to shareholders, in press releases and other written
materials and in oral statements made by its officers, directors or
employees to third parties. Statements that are not historical
facts, including statements about JD.com's beliefs and
expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties. A number of
factors could cause actual results to differ materially from those
contained in any forward-looking statement, including but not
limited to the following: JD.com's growth strategies; its future
business development, results of operations and financial
condition; its ability to attract and retain new customers and to
increase revenues generated from repeat customers; its expectations
regarding demand for and market acceptance of its products and
services; trends and competition in China's e-commerce market;
changes in its revenues and certain cost or expense items; the
expected growth of the Chinese e-commerce market; Chinese
governmental policies relating to JD.com's industry and general
economic conditions in China. Further information regarding these
and other risks is included in JD.com's filings with the SEC. All
information provided in this press release and in the attachments
is as of the date of this press release, and JD.com undertakes no
obligation to update any forward-looking statement, except as
required under applicable law.
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