August 14, 2022
Your browser doesn’t strengthen HTML5 audio JD Logistics, the provision chain and logistics department of

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JD Logistics, the provision chain and logistics department of Chinese language e-commerce corporate JD.com, introduced on the Hong Kong Inventory Trade (HKEx) on March 13 that it’ll achieve 99.99% fairness in Ningbo Meishan Baoshui House Deppon Funding Maintaining Corporate Restricted for 8.976 billion yuan ($1.41 billion), accounting for a 66.49% stake in Shanghai-listed Deppon Logistics.

Previous on March 11, Deppon introduced that the 2 firms would perform in-depth strategic cooperation within the fields of categorical supply, cross-border, warehousing and provide chain. In step with native media outlet Sina Tech, Cui Weixing, chairman of the corporate, made it transparent at a inner assembly that the mixing, layoffs and mergers circulated out there would now not occur, and that Deppon would proceed to take care of the impartial operation of its logo and workforce. As well as, Cui will proceed to regulate the corporate.

On the similar time, Yui Yu, CEO of JD Logistics, obviously said the primary of cooperation between the 2 firms at a prior inner control assembly: “Deppon will retain its logo and shall be operated independently as an A-share indexed corporate. JD Logistics will do its absolute best to create extra building alternatives for Deppon’s control and staff, serving to it expand higher.”

Deppon Logistics used to be established on August 6, 2009. This can be a complete logistics provider linking categorical supply, logistics, cross-border services and products, warehousing and provide chains, with over 30,000 trade retail outlets, 140 warehouses and over 2,000 trunk strains in China.

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JD Logistics is a number one technology-driven provide chain answers and logistics supplier in China, serving over 300,000 endeavor shoppers. In step with its monetary document, the whole earnings of JD Logistics in 2021 reached 104.7 billion yuan, of which the earnings of consumers from the built-in provide chain reached 71.1 billion yuan, and the earnings of alternative shoppers, together with categorical supply, used to be about 33.6 billion yuan.

SEE ALSO: Beijing-Based totally Logistics Company JD.com Acquires Deppon Specific

As of December 31, 2021, JD Logistics has over 1,300 warehouses and over 300,000 front-line staff in China. It has accomplished same-day supply and next-day supply in 93% of districts and counties and 84% of townships throughout China.

Taking the structure of JD.com within the categorical logistics business, it may be observed that the corporate has successively got Kuayue Specific, managed CNLP and Dada Staff. Now it acquires Deppon Logistics, because of this that JD.com is interested in air shipment, bulk supply, on-demand supply and out of the country logistics.