Liu Qiangdong: cloud computing will be jingdong main investment direction in the future

After the jingdong released second-quarter results, chairman and CEO liu in analysts said on a conference call, cloud computing will be jingdong main investment direction in the future.

about the company's capital allocation problem, liu said, home at jingdong and dada after the merger, as a separate company, independent in the future when they need the money market. Jingdong financial needs are loans to take up the money funds, will strengthen the independent financing in the future. Now, in addition to technology projects, can't see the other projects need to use a lot of money. According to the internal forecast, the company will remain a strong cash flow.
Liu also said: "as the group of the income scale expands unceasingly, the future may inevitably encounter like, super price war, but I want to say any single category of price war, impact on group results will become more and more weak, until one day in the future on the group's results don't see it."

At the same time, jingdong CFO jintong huang also said jingdong business in pursuit of cloud computing platform at the same time, also on the intelligent equipment investment. And, in the acquisition of no. 1 store has no choice when all cash transactions, because wal-mart conditions are put forward. Wal-mart don't want to withdraw from the Chinese e-commerce market, so stick to want the equity of jingdong, thus can from China's e-commerce growth part of the equation.