China’s top e-commerce firms, Alibaba and JD, jump onto the internet of things bandwagon

Jun26

by Sindy Cator on June 26, 2014 at 11:55 am

Posted In: Around the Web, Asia, e-commerce, jd.com, Product Updates

Google has been making the headlines for its internet of things ambitions, particularly with its $3.2 billion Nest acquisition, and now two top Chinese e-commerce firms are moving into the space with their own individual platforms that aim to aid smart home appliance manufacturers. Fresh off a US IPO that raised $1.78 billion last month, Chinese e-commerce firm JD.com announced the launch of a cloud platform to help manufacturers in the ‘internet of things’ sector come up with more appealing products for online shoppers. A spokesperson revealed that it will use big data to help manufacturers understand consumers’ needs. The Smart Cloud service provides free…