JD LOGISTICS
ABOUT
JDL is a logistics business segment established in 2007, and spun out from the larger JD.com, Inc. in 2017. In 2020, JDL served more than 190,000 corporate customers across a wide array of industries, providing comprehensive supply chain solutions, including warehousing management with cold chain, transportation, delivery, after-sales service, and logistics technology solutions.
JDL is known for its logistics prowess; already in operation is its fully unmanned warehouse in Shanghai, using cloud-based software, autonomous robotics and data analytics to substantially improve operational efficiencies. Its international supply chain provides a 48-hour turnaround door to door, with over 800 warehouse domestically and 110 overseas, covering more than 220 countries and regions. JDL prominent investors include Hillhouse Capital Group, Sequoia Capital China, China Merchants Group, Tencent, and China Life Insurance.
On Feb. 16, JDL filed its IPO prospectus with the Hong Kong Stock Exchange (HKEx). The company is targeting a valuation of USD40 billion as it looks to start trading in the second quarter of 2021.
JD.com plans a self-operating warehouse in California 21 March 2023
JD Logistics Airlines Adds All-cargo Routes 4 January 2023
JD Logistics Operates Auto Parts Warehouses for SGMW 28 December 2022
JD Logistics Launches Its Second Warehouse in Dubai 6 December 2022
JD com : Logistics Airlines Launches Shenzhen–Hangzhou Route 23 November 2022
JD Logistics Operates 700 Delivery Robots to Serve This Singles’ Day 15 November 2022
JD Issues “De-Carbon Vouchers” to Raise Awareness of Green Logistics 14 November 2022
Chinese e-commerce firms enhance overseas warehouse network 28 September 2022
JD Logistics gains access to Douyin e-commerce delivery service 21 September 2022
JD launches China-US cargo flight 8 June 2021
JD's logistics arm won an AI innovation award 20 May 2021
JD's Q1 net service revenues up 73% YoY 19 May 2021
JD.com invests $800 million in Dada Nexus 24 March 2021
JD.com may avoid listing its logistics unit 15 March 2021
JD.com logistics targeting for Hong Kong IPO this month 3 February 2021
JD Logistics helps deliver insulin to 4,900 patients 19 March 2020
Tech in Asia: JD Logistics eyes $10b IPO according to sources 24 December 2019
*Valuations are estimates