JD.COM COD refers to the online shopping mall in JD.COM's distribution business in payment collection.

COD is short for to cash on delivery (C.O.D).

express collection: after the delivery man delivers the goods to the customer, the customer gives the money to the delivery man.

that is, we often say that cash on delivery is usually used in e-commerce (online shopping).

At present, many enterprises in the popular third-party logistics do cash on delivery.

JD.COM Group has JD.COM Mall, JD Finance, Paipai.com, JD Smart, O2O and overseas business department. Liu Qiangdong, founder of JD.COM, served as CEO of JD.COM Group. ?

JD.COM service principle:

"More", providing users with a one-stop comprehensive shopping platform.

"fast", self-built logistics to achieve extremely fast delivery service.

"good", insist on genuine licensed products to ensure the quality of goods.

"saving", relying on low cost and high efficiency to achieve low prices every day.

Extended information

payment collection business is still risky for businesses.

Liu Qiangdong once warned in the Weibo:

At present, the domestic logistics industry not only can't meet the demand for services, but what's even more frightening is that 99% of COD (payment collection) logistics companies have long been insolvent! According to the current industry survey in JD.COM, a large number of COD logistics companies will close down, and the total amount owed to payment collection will exceed 2 million yuan.

Many people in the industry said that insolvent COD logistics companies do exist, but there are no official data on the number and proportion of specific companies, and it is difficult to make a comprehensive statistics according to the current management mechanism. If JD.COM can't disclose the basis of investigation, he can only take its conclusions with reservations.

References: People's Daily Online-The logistics industry was exposed: payment collection intercepted more than 2 million.