New unit will provide smart supply chain and logistics services to help businesses reduce costs, increase efficiency and improve user experience
BEIJING, April 25, 2017 (GLOBE NEWSWIRE) -- JD.com, Inc. (NASDAQ:JD), China’s largest online retailer, today announced the establishment of JD Logistics, a new business group under JD.com, which will leverage the company’s advanced technology and logistics expertise to provide smart supply chain and logistics services to businesses across a wide range of industries. Zhenhui Wang, Senior Vice President of JD.com and Head of Fulfillment Operations, will serve as CEO of JD Logistics, reporting directly to Richard Liu, Chairman and CEO of JD.com.
“In the 10 years since JD.com launched China’s first B2C logistics network, we have redefined what consumers expect from an e-commerce experience,” said Mr. Liu. “This move is a major step in our vision to make technology even more central to what we do over the next 12 years. Leveraging our unparalleled access to data from every step of the e-commerce process, from ordering to delivery and after-sales service, JD Logistics will use AI, big data and automation to once again redefine the potential of e-commerce logistics. We hope JD Logistics can revolutionize China’s commercial infrastructure and become the global model for smart supply chain solutions.”
JD Logistics will provide business partners with comprehensive supply chain solutions, including warehousing, transportation, delivery, after-sales service, as well as logistics services, including smart and cross-border logistics, among others.
JD.com has one of the largest fulfillment infrastructure of any e-commerce company in the world. As of the end of 2016, JD.com operated seven “Asia No. 1” projects, which are among the largest and most automated smart fulfillment centers in Asia. JD.com also operates 256 warehouses, as well as 6,906 delivery stations and pickup stations across China, which are staffed by its professionally trained employees, providing nationwide last-mile delivery service.
About JD.com, Inc.
JD.com is China’s largest online retailer and Internet company by revenue. The company strives to offer consumers the best online shopping experience. Through its user-friendly website, native mobile apps, and WeChat and Mobile QQ entry points, JD offers consumers a superior shopping experience. The company has the largest fulfillment infrastructure of any e-commerce company in China. As of December 31, 2016, JD.com operated 7 fulfillment centers and 256 warehouses, and in total of 6,906 delivery stations and pickup stations in 2,655 counties and districts across China, staffed by its own employees. JD.com is a member of the NASDAQ100 and a Fortune Global 500 company.
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Safe Harbor Statement
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