siasun
Everything's bigger in China
Recent news about growth of Chinese robotics and related AI indicate just how massive their investments are and how well they are paying off. For example, 90% of the personal robots on display at the IFA consumer electronics trade show held in Berlin in September were developed and manufactured by Chinese companies. Further, Preqin reported that Q3 venture-backed deals totaled $49 billion. Included in the top 10 deals were Uber-competitor Grab's raising $2 billion from SoftBank and Didi Chuxing and Alibaba's $1.1 bn investment in eBay-like Tokopedia and $.8 bn to Cainiao (see below). Half of the top 10 were in Asia; only three were for US-based companies.
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JD.com teams with Siasun for e-commerce warehouse automation - Business - Chinadaily.com.cn
Chinese online retailer JD.com has teamed up with robot maker Siasun to automate its logistic network, the company said on Friday. JD said it will work with Siasun to develop logistics robots to increase automation from order to delivery. JD has already invested heavily in making its warehouses and deliveries more efficient. "Logistics in the future will go beyond basic infrastructure," said JD's technology chief Zhang Chen, "Technology ranging from the Internet of Things, cloud computing, big data to artificial intelligence are making our service smarter." JD said it will work with other companies on automation similar to that at Amazon's distribution centers.
- Retail (0.69)
- Information Technology > Services > e-Commerce Services (0.40)
JD.com teams with Siasun for e-commerce warehouse automation - Xinhua
JD.com founder and CEO Richard Liu attends a launching ceremony of the "U.S. Mall" of JD.com in New York, the United States, July 20, 2015. BEIJING, May 15 (Xinhua) -- Chinese online retailer JD.com has teamed up with robot maker Siasun to automate its logistic network, the company said on Friday. JD said it will work with Siasun to develop logistics robots to increase automation from order to delivery. JD has already invested heavily in making its warehouses and deliveries more efficient. "Logistics in the future will go beyond basic infrastructure," said JD's technology chief Zhang Chen, "Technology ranging from the Internet of Things, cloud computing, big data to artificial intelligence are making our service smarter."
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- Asia > China > Beijing > Beijing (0.30)
- Retail (0.66)
- Information Technology > Services > e-Commerce Services (0.40)