Showing 12 of 60 posts with this tag
On July 14, Chinese e-commerce firm JD.com announced that its subsidiary, JD Intelligent Industry Development Group, had completed its compulsory acquisition of China Logistics Property Holdings (CNLP).
Cainiao Network, Alibaba Group's logistics arm, has entered into a strategic partnership with the World Food Programme (WFP), the world's largest humanitarian organization.
On Friday, Meituan released its financial results for the third quarter of 2021 as of September 30, 2021. The report shows that the company's revenue reached 48.829 billion yuan ($7.6 billion), an increase of 37.9% over last year.
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.
On the afternoon of December 12, Chinese logistics service provider SF Express emerged as a trending topic on Chinese social media outlet Weibo because its mini program and PC page crashed. After some emergency repairs, the company's services went back to normal.
On-demand logistics startup Lalatech, which operates Lalamove and Houlala, on March 28 applied to be listed on the Hong Kong stock exchange.
Chinese internet giant Alibaba announced on Thursday it will develop driverless trucks with its logistics unit Cainiao, as the company ramps up efforts to follow a trend that may revolutionize the transportation industry.
The update of Air China Cargo shows that the firm's registered capital has roared by 44.93%, while Zhejiang Cainiao Supply Chain Management is now serving as one of the new shareholders.
The intelligent warehouse has been jointly completed by JD Logistics, China Telecom Beijing Branch, China Telecom Research Institute, UNISOC and ZTE.
Chinese logistics service provider J&T Express is currently negotiating a new collaboration with Temu, shifting its focus from providing an "end-to-end" full-chain solution to concentrating on last-mile delivery services.
In preparation for entering the freight logistics market, Didi has started recruiting truck drivers in May.
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.