Chinese e-commerce giant JD.com has announced the launch of a new tech subsidiary which will incorporate pre-existing fintech vehicle JDD (京东数科).
JD.com announced on 11 January that JDD would be integrated with its cloud computing and artificial intelligence operations to form JD Keji Subsidiary Group (京东科技子集团).
Former JDD CEO Li Yayun (李娅云) has been reappointed as the CEO of JD Kejizi Group.
JD.com said that JD Keji will be a “digital cooperative partner focused on industry, and endeavouring to provide product and technology solution plans to clients including enterprises, financial institutions and government.”
JD Keji has over 10,000 employees of whom over 70% are research and development and specialist personnel. Its staff also include multiple scientists who have been accepted as IEEE Fellows.