WUHAN, China, Feb. 6, 2018 /PRNewswire/ -- SSLJ.com Limited
(NASDAQ: SSLJ) (the "Company"), a vertically integrated O2O home
decoration service and product provider in China, today announced that the Company has
entered into a strategic cooperation agreement (the "Agreement")
with JD.com (NASDAQ: JD) ("JD"),
the largest e-commerce company and largest retailer in China, through JD's subsidiary Beijing JD
Century Trading Co., Ltd.
SSLJ and JD are expected to further enhance overall operational
efficiency, reducing their operating costs, implementing future
market expansion strategies, gaining market share, as well as
creating greater commercial value for both parties.
Pursuant to the Agreement, both parties agree to carry out
business cooperation nationwide. SSLJ is expected to distribute its
own products through JD's platform and have deep cooperation with
JD in the field of Smart Homes. SSLJ shall invest a certain amount
of money in the platform of JD for advertising. As consideration,
SSLJ has a priority to distribute its 2018 new products on JD's
platform, including but not limited to, JD Mall and JD
Crowdfunding, and JD will provide high quality resources to match
target customers for SSLJ.
Mr. Wei Zheng, Chairman and Chief
Executive Officer of SSLJ.com Limited, stated, "We are excited
about the cooperation with China's
e-commerce giant JD and the potential market that this new
relationship can cultivate. JD's vast online retail channel will
enable us to distribute SSLJ's products in a more efficient and
economical manner to meet the growing consumer demand in
China, which further is expected
to drive the Company's fast expansion in e-commerce, enhance the
influence of the Company and build up the brand awareness of
SSLJ."
About SSLJ.com Limited
SSLJ.com Limited is a pioneer in the vertically integrated O2O
home decoration service and product market with one of the largest
market shares in China. The
Company provides customers with a convenient, full-service,
one-stop solution for their homes' interior decoration and
improvement needs by offering consulting, design, construction, and
furnishing services as well as modern, high-quality and high-tech
products. The Company has 9 branch companies and 12 sales offices
in 10 cities, which are Beijing,
Shanghai, Shenzhen, Wuhan, Suzhou, Hefei, Zhengzhou, Tianjin, Chengdu, Xi'an. For more information, please visit
http://www.sslj.com/.
About JD.com, Inc.
JD.com, Inc. is China's leading
online direct sales company and the country's largest Internet
company by revenue. The Company strives to offer consumers the best
online shopping experience. Through its content-rich and
user-friendly website jd.com and mobile applications, JD.com offers
a wide selection of authentic products at competitive prices and
delivers products in a speedy and reliable manner. The Company
believes it has the largest fulfillment infrastructure of any
ecommerce company in China. As of
March 31, 2016, JD.com operated 7
fulfillment centers and 209 warehouses, and in total 5,987 delivery
stations and pickup stations in 2,493 counties and districts across
China, staffed by its own
employees. JD.com is a member of the NASDAQ100. For more
information about the Company, please visit www.jd.com .
Forward-Looking Statements
This announcement contains forward-looking statements within the
meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. All statements other than statements
of historical fact in this announcement are forward-looking
statements, including but not limited to, the listing of the
Company's Class A ordinary shares on NASDAQ. These forward-looking
statements involve known and unknown risks and uncertainties and
are based on current expectations and projections about future
events and financial trends that the Company believes may affect
its financial condition, results of operations, business strategy
and financial needs. Investors can identify these forward-looking
statements by words or phrases such as "may," "will," "expect,"
"anticipate," "aim," "estimate," "intend," "plan," "believe,"
"potential," "continue," "is/are likely to" or other similar
expressions. The Company undertakes no obligation to update
forward-looking statements to reflect subsequent occurring events
or circumstances, or changes in its expectations, except as may be
required by law. Although the Company believes that the
expectations expressed in these forward-looking statements are
reasonable, it cannot assure you that such expectations will turn
out to be correct, and the Company cautions investors that actual
results may differ materially from the anticipated results.
For more information, please contact:
SSLJ.com Limited Contact:
Ms. Wing Chuen Rhoda Lau, CFO
Phone: +8627-8366-8638
Email: ir@sslj.com
Investor Contact:
Ms. Tina Xiao, President
Ascent Investor Relations LLC
Phone: +1-917-609-0333
Email: tina.xiao@ascent-ir.com
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SOURCE SSLJ.com Limited