Xu Ling, the former head of JD Financial Technology, left his job, and JD Technology executives have been reincarnated?

According to the 21st Century Business Herald, Xu Ling, who was just transferred to the head of the strategy department of JD Group this year, has recently proposed to leave his post.

Public information shows that Xu Ling joined JD Group in 2013 to participate in the establishment of JD Financial Group. Since then, JD Finance has begun to operate independently from jd.com divestment, and Xu Ling led the team to launch the industry's first credit payment product "White Bar", and gradually established a consumer finance system based on white strips and gold bars. Since 2017, Xu Ling has become the head of all fintech business lines, including JD Pay.

In January this year, JD.com decided to establish JD Technology Group on the basis of integrating JD Digital, the former JD Cloud and AI Business Department, and the JD Digital brand is no longer applicable. Li Yayun, who succeeded Chen Shengqiang as CEO of JD Digital at the end of last year, became ceo of JD Technology Group. From this point, it is not difficult to see that the original JD Digital is the biggest foundation of the current JD Technology.

According to JD.com's internal announcement, JD Technology is positioned as a digital partner focusing on the industry, and is committed to providing product technology solutions for enterprises, financial institutions, governments and other customers throughout the value chain. On the surface, the financial attributes of JD.com technology have been further weakened. JD.com also announced the organizational structure of JD.com Technology internally, established 15 new business groups, and appointed the heads of each business group.

In this reorganization, personnel changes are inevitable. From the suspension of the IPO in October to the termination of the listing application, JD Digital, which has been constantly adjusting, has experienced some executive adjustments and a large number of personnel losses. Xu Ling, the former head of the financial technology sector, was rotated to Jingdong Group at this point in time. Now the news of leaving is lamentable.

In addition to Xu Ling, Chen Shengqiang, the former CEO of JD Digital, has also been marginalized.

In April this year, JD Technology underwent a number of industrial and commercial changes. Among them, Chen Shengqiang withdrew from the ranks of directors (directors), managers, supervisors and other management personnel. At the end of last year, after Chen Shengqiang stopped serving as CEO of JD Digital, his new position was vice chairman of JD Digital and chief of staff of JD Group, reporting directly to Liu Qiangdong.

After withdrawing from the ranks of jd.com's key personnel, Chen Shengqiang's connection with JD.com seems to be only 4.23% of the shares he directly holds. However, according to public information, Chen Shengqiang has pledged all the equity of JD Technology under his name on April 9.