JD.com announces the establishment of JD Logistics

JD.com, Inc. has announced the establishment of JD Logistics, a new business group under JD.com, which will leverage the company’s technology to provide supply chain and logistics services to businesses across a 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 revolutionise China’s commercial infrastructure and become the global model for smart supply chain solutions.”

JD Logistics will provide business partners with warehousing, transportation, delivery, and after-sales services, as well as cross-border logistics. As of the end of 2016, JD.com operated seven “Asia No. 1” fulfilment centres, in addition to 256 warehouses and 6,906 delivery and pickup stations.

Source: JD.com