Shares of JD.Com Inc (ADR) (NASDAQ:JD) ended Thursday session in green amid volatile trading. The shares closed up +0.12 points or 0.46% at $26.13 with 12.23 million shares getting traded. Post opening the session at $26.00, the shares hit an intraday low of $25.62 and an intraday high of $26.13 and the price vacillated in this range throughout the day. The company has a market cap of $37.76 billion and the numbers of outstanding shares have been calculated to be 2.89 billion shares.
On Sept. 08, 2016 JD.com, Inc. (JD), China’s largest e-commerce company by revenue, and Bacardi, the world’s largest privately held spirit producer, have jointly announced a strategic partnership under which JD.com will become Bacardi’s strategic e-commerce partner for its full line of products in China, marking a significant move to further build Bacardi’s brand and business in the country.
Under the new agreement, Chinese consumers will have online access through JD.com to the most iconic and popular imported spirit brands, including BACARDÍ® rum, GREY GOOSE® vodka, DEWAR’S® blended Scotch whisky, BOMBAY SAPPHIRE® gin, MARTINI® vermouth and sparkling wines, and other leading brands in the Bacardi portfolio.
The cooperation will also include online promotions of Bacardi products available exclusively on JD.com, as well as customized brand marketing support. The two companies will work together to bring China’s cocktail culture to the next level through promotions that educate Chinese consumers on how to prepare and enjoy cocktails prepared with premium Bacardi spirits.
“This strategic cooperation with JD.com is a major step for Bacardi’s e-commerce development in China,” said Paul Chin, Chief Executive Officer of Bacardi Greater China, North Asia and Oceania. “Bacardi’s premium spirits are essential to the world’s favorite cocktails. Working with JD.com helps us effectively target discerning Chinese consumers by providing the most convenient and trustworthy online channel for purchasing premium Bacardi products.”
“We are very excited to deepen our partnership with Bacardi, which has exceptional products and outstanding brand recognition in China,” said Carol Fung, president of JD.com’s Fast-Moving Consumer Goods Business Unit. “As the most trusted e-commerce platform for imported liquor in China, JD.com is increasingly the first choice for China’s upwardly mobile consumers when purchasing spirits. We look forward to leveraging JD.com’s excellent user experience and amazingly fast delivery to further raise consumer awareness of Bacardi’s premium portfolio of spirits.”
Shares of Net Element International Inc (NASDAQ:NETE) ended Thursday session in green amid volatile trading. The shares closed up +0.23 points or 20.35% at $1.36 with 12.16 million shares getting traded. Post opening the session at $1.18, the shares hit an intraday low of $1.18 and an intraday high of $1.79 and the price vacillated in this range throughout the day. The company has a market cap of $15.86 million and the numbers of outstanding shares have been calculated to be 14.04 million shares.
Net Element International Inc (NETE) on Sep 12, 2016 announced that its wholly-owned subsidiary PayOnline has expanded its payments module for electronic commerce and Content Management System (“CMS”) to 19 of the most popular platforms including WordPress, Joomla and 1C-Bitrix.
The recently implemented free payment module is now available and can be downloaded from PayOnline’s website “Developers” section without registration or additional charges.
Modules for WordPress were created due to the overwhelming number of requests from clients working on this popular CMS and who are seeking to simplify payment acceptance. Free payment modules were developed for the specialized WordPress plugins that are often chosen by the creators of the online shops and online services. These plugins include WordPress eCommerce, QuickShop and WooCommerce.
According to Ruward Research Laboratory’s Ruward:Track report, WordPress has been the leading CMS platform in Russian online commerce among both free and paid platforms for four consecutive years. According to a recent survey conducted in June 2016 among 4,901,485 Russian domains, about 23.7% of the sites are run on WordPress, while the share of paid services is approximately 13.2%.
“Each solution contains a simple copy and paste module file and detailed installation instructions, which can be implemented by people not familiar with programming or electronic commerce,” commented Maria Goryachev, Director of PayOnline products. “This simple to use integration is especially useful for entrepreneurs who do not have dedicated IT resources to enable monetization of their applications. We strive to make the process of enabling payment acceptance and global commerce as simple as possible. To that effect we believe the introduction of this free payment module has helped us to another step in this direction.”