JD Logistics Archives

JD Logistics Announces Leadership Change: Hu Wei to Replace Yu Rui as CEO

JD Logistics announced that CEO Yu Rui is stepping down from his role as executive director, CEO, and authorized representative due to personal health reasons. The former CEO of JD.com's product development division, Hu Wei, will take over as the new CEO of JD Logistics.

JD Introduces 1.5 Million Reusable Express Packages

On April 22nd, JD Logistics announced that it will gradually introduce 1.5 million units of reusable express packaging and promote a shared recycling model for such packaging.

New Oriental Education’s Live-Streaming Platform Introduces Two Major Logistics Partners

Oriental Selection, a live-streaming e-commerce platform owned by New Oriental Education, announced on August 31 that it had reached a close partnership with SF Express and JD Logistics, two logistics platforms in China.

Deppon Sees Major Executive Shakeup After Acquisition by JD Logistics

Following JD Logistics' acquisition of Deppon, its performance will soon be integrated into JD.com's system. Accordingly, Deppon's senior management team has undergone a large-scale adjustment.

JD Logistics Puts Into Operation First Batch of Battery-Swapping NEVs

On August 15, JD Logistics announced that it has put its first batch of battery-swapping new energy vehicles (NEVs) into operation.

Former CEO of JD Logistics to Join Energy Firm GCL Group

Wang Zhenhui, former CEO of JD Logistics, a business group within JD.com, will soon join Golden Concord Limited Holdings Co., Ltd. (GCL Group), an enterprise committed to the advancement of green, low-carbon and zero-carbon technology.

JD Logistics Closes 8.98B Yuan Acquisition of Deppon

JD Logistics has announced that on July 26 that it closed a major transaction to acquire equity interest in Deppon.

JD Logistics Constructs China’s First Carbon-Neutral Intelligent Industrial Park

Chinese supply chain solution provider JD Logistics on Monday released its first 2021 Environmental, Social and Governance Report after its listing.

JD.com: Layoffs Are Normal Optimization of Business Divisions

A number of web users certified as employees at JD.com, a leading e-commerce platform in China, posted that many business lines of the company are laying off employees.

JD Logistics Raising $398M Through New Share Placement

JD.com's logistics arm has entered into a placing agreement, pursuant to which it has agreed to issue about 150 million of its ordinary shares to a group of third-party investors for a total purchase price of $398 million in a placement.

JD Logistics Distributes 20,000 New Energy Vehicles Across China

JD Logistics, the shipping arm of Chinese e-commerce giant JD.com, announced on January 22 that at present, it has distributed about 20,000 new energy vehicles in more than 50 cities across the country.

JD.com Unveils Third Quarter Results for 2021

JD.com announced its financial report for the third quarter of 2021 on Thursday. Its net revenue in this quarter was 218.7 billion yuan ($33.9 billion), a year-on-year increase of 25.5%.

JD.com VP and JDX Department President Xiao Jun Leaves Firm

Xiao Jun, Vice President of JD.com and President of JDX Department, has recently departed from the company. JDX Department is the technical lab of JD.com, responsible for studying smart warehousing and logistics systems and unmanned technology.

JD Logistics Releases 5G Automated Warehouse to Realize Automatic Management and Operation of Entire Logistics Process

The intelligent warehouse has been jointly completed by JD Logistics, China Telecom Beijing Branch, China Telecom Research Institute, UNISOC and ZTE.

JD Logistics to Develop and Implement Thousands of Smart Delivery Vehicles Within 2-3 Years

Yu Yui, CEO of Jingdong Logistics, said that in the next two to three years, Jingdong Logistics will continue to develop and put into use thousands of autonomous delivery vehicles.

JD Logistics Looks to Raise up to US$3.4 billion in Hong Kong IPO

JD Logistics, the distribution arm of Chinese e-commerce giant JD.com, is planning to raise up to HK$26.4 billion (US$3.4 billion) in its initial public offering (IPO) on the Hong Kong Stock Exchange.

JD Logistics To File for Hong Kong IPO This Month: Reports

JD Logistics, the distribution arm of Chinese e-commerce giant JD.com, is planning to submit an initial public offering application to the Hong Kong stock exchange as soon as this month, according to reports.

JD.com Becomes First Online E-commerce Platform to Accept Chinese Digital Currency

Chinese e-commerce giant JD.com will become the first online platform to accept China’s digital currency, according to announcement issued by the company’s fintech subsidiary JD Digits on Dec. 5.

JD Logistics Preparing for IPO Next Year? Estimated Valuation to be $40B

Supply chain and logistics services provider JD Logistics is said to be preparing for an initial public offering (IPO) next year with an estimated valuation of $40 billion, according to Reuter’s International Financing Review (IFR.)

China’s Logistics Network Powers Medical Response

Many of China’s unicorn companies, responsible for the creation of China’s formidable logistics system, have assisted in various emergency initiatives.

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