Jingdong Five-Star: Aims To Achieve 100 Billion Annual Sales Target In Five Years.

Pan Yiqing, President of Jingdong five star electric appliance company, is the next line of the Jingdong. The five-star is ready to achieve 100 billion annual sales target in five years. And next year, the company will invest tens of millions of funds to build terminal services, timely delivery, punctuality, overtime payment, and quick return, etc., and will be able to get through with Jingdong call center.

Pan Yiqing also said that next year the company will open five super experience stores, 500-1000 ten thousand town stores and a flagship store in every prefecture level city. Among them, the super experience store is between 5-8 square meters, excluding food and beverage and other supporting facilities, all used to create direct immersive experience exhibition area.

According to the media, Jingdong announced in April 17th this year that it invested five yuan in Jiangsu Electric Appliance Co., Ltd., with a transaction value of 1 billion 270 million yuan, holding 46%, and will pay in cash and in the form of inherited debt. Meanwhile, Jingdong will provide Jiayuan with a loan amounting to 1 billion 30 million yuan. Jiayuan and Wuxing electric appliances will give Jingdong certain guarantees and shareholders' rights.

At that time, Jingdong household appliances had just announced its new development strategy -- reconstructing a Jingdong household appliance online, making the new super experience store in big and middle cities and more than 10000 household appliance stores in the county town complete the commercial layout below the line.