Analysis
JD.com founder Liu Qiangdong is making a splash in the yacht industry with his new brand, Sea Expandary, investing a substantial 5 billion yuan (approximately $700 million). This initiative aims to disrupt the market by focusing on sustainable, intelligent yacht designs, potentially revolutionizing the sector with innovative manufacturing and operational strategies.
Key Takeaways
Reference / Citation
View Original"Liu Qiangdong…entered the yacht industry, planning a full industrial chain layout including research and development, manufacturing, sales, operation, leasing, brokerage, and services."