Chinese e -commerce giant JD Group announced on Thursday (May 11) that the Chief Financial Officer (CFO) of Jingdong Group Xu Ran was promoted to the CEO (CEO) to be responsible for the daily operations and collaborative development of various businesses of the group.Report to the board of directors and chairman of Jingdong Group Liu Qiangdong.Jingdong Logistics Group CFO Shan Su was promoted to CFO of Jingdong Group.

According to the 21st Century Economic News, the former CEO Xu Lei of Jingdong Group filed a retirement application for personal reasons. With the approval of the board of directors of the Group, he respected and agreed to the application of Xu Lei.

The report quoted JD.com and said, "Lao Xu's retirement is mainly due to personal wishes, and JD.com also fully respects Lao Xu's personal career plan."

JD said in the announcement, "For more than ten years, Xu Lei has joined the JD Group for more than ten years. He has worked in JD Mall, CMO system (CMO) system, JD Retail, and JD Group, and has made outstanding contributions to the Group's development.After this retirement, Xu Lei will continue to participate in important management and project work as the first chairman of the JD Group's consultant committee to continue to participate in the important management and project work of JD Group's strategy, organization, and business.

Data show that Ms. Xu Ran joined JD Group in July 2018.From July 2018 to May 2020, in addition to serving as the chief financial officer of Jingdong Retail, Xu Ran also served as the head of the group's financial and group tax department.She has served as the chief financial officer of JD Group since June 2020.She is now also a director of JD.com.

Before joining the JD Group, Xu Ran was a trial partner of Pricewater -Yongdao Zhongtian Certified Public Accountants (special common partnerships).For nearly 20 years.She graduated from Peking University and obtained a dual bachelor's degree in science and economics.

It is understood that Xu Lei officially joined JD in January 2009. He has successively served as the person in charge of the marketing department of Jingdong Mall, the person in charge of the wireless business department, and the person in charge of the JD Mall marketing platform system.

From 2000 to 2002, Xu Lei worked in Lenovo Group and worked as a Hoye Advertising Network from 2002 to 2007.In April 2011, he joined the B2C website of B2C website, which was operated by Belle International Holdings of the shoe industry.In 2013, Xu Lei returned to Jingdong Mall. In mid -2016, he served as senior vice president of Jingdong Group, and in April 2017 as the Jingdong Group CMO.

In 2019, Xu Lei served as CEO of JD Retail Group, and in 2021, Xu Lei was promoted to the president of Jingdong Group.In 2022, Liu Qiangdong stepped down as the CEO of Jingdong Group and was handed over to Xu Lei.

In addition, the first quarter financial report announced by JD.com shows that the first quarter of the JD Group revenue was 243 billion yuan (Same as San 46.6 billion), an increase of 1.4%year -on -year and exceeded expectations.Among them, the service revenue was 47.4 billion yuan, a year -on -year increase of 34.5%.In terms of net profit, the net profit of Jingdong's home in the first quarter of 2023 was 6.3 billion yuan, and the net loss was 3 billion yuan in the same period last year.Under non -American GAAP, Jingdong's first -quarter net profit was 7.6 billion yuan, an increase of 88.3%year -on -year.