JD.com, Inc. (NASDAQ: JD) the China’s second-largest e-commerce company, continues to invest and test its robot delivery services technology, aiming to lower the cost in the logistics industry.
Last weekend, the e-commerce company launched its robot delivery service in some china’s universities for the first time. The universities include Tsinghua University, People's University, Zhejiang University and Chang'an University.
The delivery robots are self-driving vehicles that are able to avoid obstacles including cars and pedestrians. It is also equipped with parcel storage units that can carry up to 5 packages.
JD shares rose as much as 4.18 percent to $39.76 in the early trading on Monday. The stock had gain more than 55 percent this year.
JD is also developing and testing its drone delivery service. In an exclusively interview with CNBC, JD.com’s founder and CEO Richard Liu said he expected the new technology will lower the cost in the logistics industry and bring a lot of revolution.
"Today we have over 70,000 delivery men working on the street. It's high cost, you know," Richard said. "If you can use robotics to deliver a parcel, the cost will be very low."
"In each village, we have a delivery man; he lives there and works there, and he's got a backyard. He's like a small distributor of us in that village. So we can use our drone to fly to the delivery man's backyard directly. And point-to-point is fixed." He said.