Major companies call for global adoption of GS1 QR codes [Yahoo! Finance]
JD.com, Inc. - American Depositary Shares (JD)
Last jd.com, inc. - american depositary shares earnings: 3/2 05:03 am
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Source: Yahoo! Finance
The initiative is backed by 22 companies including Alibaba, JD.com, Carrefour and Procter & Gamble. It aims to revolutionise the consumer experience by providing comprehensive product information through smartphones. The companies called on retailers and manufacturers to adopt QR codes with GS1 standards by the end of 2027. To facilitate this transition, manufacturers are encouraged to implement QR codes with GS1 standards on product packaging, while retailers should update their point of sale (POS) scanners to read the new codes. Unlike traditional barcodes, QR codes with GS1 standards can offer consumers detailed product information, including usage, recycling, safety, nutritional data and certifications. This technological advancement is expected to enhance consumer engagement, improve product traceability and drive supply chain efficiencies without disrupting the checkout process. The transition has already started with the new technology being tested in 48 countries
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JD
Earnings
- 5/16/24 - Beat
JD
Sec Filings
- 6/28/24 - Form 144
- 5/28/24 - Form 6-K
- 5/23/24 - Form 6-K
- JD's page on the SEC website