JD.com starts operating two warehouses in Europe

JD Logistics has announced it is seeking to raise as much as $3.4bn in its Hong Kong initial public offering (IPO).

JD.com announced that it has begun operating two automated warehouses in Poland and Germany to serve local clients. Both warehouses started trial operations in March of 2021.

JD’s warehouse in Poland is located on the border with Germany, only 90 km from Berlin, and is connected to the major highways, airports and ports in Europe. The warehouse in Germany is located north of Frankfurt. The two warehouses can cover the whole European area to provide convenient and rapid fulfilment for clients.

JD also brings its AGV (automated ground vehicle) system to both warehouses. The AGV system transforms the picking process, which traditionally would require workers to shuttle in the racks by bringing shelves to the working station. Implementing AGVs is 2.5 times more efficient than manual picking. They can recognise QR codes on the floor for route planning and automatically obstacle avoidance.

“Through the warehouses in Poland and Germany, we have brought our quality supply chain, logistics and automation technologies to Europe,” said Stard Huang, Head of JD’s international logistics business. “The two warehouses will be set as the examples to be further replicated in other places in the region.”

JD’s international logistics business is committed to promoting the development of global trade and providing integrated supply chain services to industry players. As of the end of 2020, JD operated 32 bonded and overseas warehouses with an approximate aggregated floor area of 440,000 sq m. Through collaboration with international and local partners, JD had established international routes that reach more than 220 countries and regions.

Source: JD.com