JINGDONG Property Announces Acquisition of Grade-A Logistics Asset in Leicester, the UK’s Logistics Golden Triangle

Posted on by Yuchuan Wang

Leicester, UK – December 22, 2025 – JINGDONG Property, a leading infrastructure investment and asset management company and a part of JD.com, Inc., today announced the acquisition of a logistics property outside Leicester. The portfolio includes two ‘big-box’ warehouses with an area of over 231,000 sq ft (~21,500 sqm) and an adjacent ‘oven-ready’ greenfield site that can be developed into modern industrial and logistics space of up to 678,000 sq ft (~63,000 sqm).

JINGDONG Property’s entry into UK began in 2022 with the acquisition of a 361,000 sq ft (~33,500 sqm) warehouse in Milton Keynes. With this new acquisition, the total warehouse footprint in the UK of JINGDONG Property will be expanded to nearly 3,930,000 sq ft (~365,000 sqm).

Strategically located in the UK’s logistics ‘Golden Triangle’ , close to Leicester the largest city in the East Midlands of England, the asset is well connected to the M1 and M69 motorways and offers access to a population of nearly one million within 20KM radius and 90% of UK population within 4 hours.

Kai–yan Lee, Regional CEO for JINGDONG Property Europe and the Americas said, “Our new UK investment strengthens JINGDONG Property’s investment footprint in the market, and reflects our long-term commitment to supporting regional economic development and enhancing the local supply chain ecosystem as one of the most active industrial and logistics investment managers in the market. The assets will benefit from JINGDONG Property’s strong expertise in developing, operating and managing industrial and logistics space, ensuring the delivery of best-in-class industrial warehousing infrastructure and services that support the evolving needs of both the existing and future occupiers.”

The newly acquired greenfield asset will be developed into a modern Grade-A logistics space, supporting occupiers seeking advanced, efficient, and well-located warehousing solutions. The existing warehouses have been developed to high ESG standards, featuring BREEAM Excellent and EPC A ratings, EV charging infrastructure, cladding insulation with a BREEAM Green Guide ‘A+’ rating, and the flexibility to install rooftop solar PV systems.

The transaction was supported by Dentons, as legal advisors, BDO who provided tax and corporate finance advisory services and Colliers who acted as technical adviser.

 

About JINGDONG Property, Inc.

JINGDONG Property, Inc., also known as JD Property, is a leading and rapidly growing modern infrastructure investment and asset management company of JD.com, Inc. Its business includes investment, development and asset management of logistics parks, business parks, data centers and others. As the cornerstone of JD.com’s supply chain ecosystem, JINGDONG Property is equipped with deep insights into merchandise and logistics flows and has a unique ability to integrate business resources. Leveraging our core competencies across infrastructure assets, development expertise, service capabilities and actionable insights, we provide bespoke, holistic and intelligent infrastructure. As of September 30, JINGDONG Property manages more than 270 infrastructure projects in China and worldwide.

 

(yuchuan.wang@jd.com)

JINGDONG Property, EZA Hill And Major Institutional Investor Announce Acquisition of 1.9M Sq Ft Singapore Logistics Portfolio

Posted on by Yuchuan Wang

Singapore – December 19, 2025, JINGDONG Property, a leading infrastructure investment and asset management company and a part of JD.com, Inc, and EZA Hill Property Management Pte Ltd (“EZA”), a Singapore-based real asset business, and a global real estate private equity institutional investor, jointly announce the acquisition of a 1.9 million square feet (175,000 SqM) logistics portfolio in Singapore.

​The portfolio comprises four modern warehouses located in well-established logistics clusters across Singapore, supporting regional supply chains and the growing e-commerce fulfilment demand. The transaction follows the successful acquisition in 2023 of a 1.9 million square feet Grade A portfolio in Singapore, these five existing JINGDONG Property warehouses have been successfully leased to local and international tenants. The new investment significantly enhances JINGDONG Property’s presence in the thriving Southeast Asian logistics market where it currently owns assets in Singapore, Indonesia and Vietnam.

Richard Law, regional CEO and Head of Asia Pacific at JINGDONG Property said: ​“The acquisition reinforces our commitment to the Asia Pacific region and to Singapore in particular, a regional centre for high-quality logistics infrastructure. This new acquisition, follows our investment in 2023, and again demonstrates our long-term commitment to Singapore and our partners in the market. This add-on investment also affirms our ability to scale assets in partnership with institutional investors and support the growth of our fund management business.”

“This acquisition is a further testament to EZA Hill’s enduring partnership with JINGDONG Property and our shared commitment to long-term growth in the Asia Pacific region, by combining our local expertise with JINGDONG Property’s global standards, we continue to strengthen our Singapore portfolio with sustainable, high-quality logistics assets,” said Frank Ng, CIO of EZA Hill. “Together, we are building a firm foundation for continued collaboration, navigating the region’s market dynamics together, and delivering lasting value for our investors and partners.”

 

About JINGDONG Property, Inc.

JINGDONG Property, Inc., also known as JD Property, is a leading and rapidly growing modern infrastructure investment and asset management company of JD.com, Inc. Its business includes investment, development and asset management of logistics parks, business parks, data centres and others. As the cornerstone of JD.com’s supply chain ecosystem, JINGDONG Property is equipped with deep insights into merchandise and logistics flows and has a unique ability to integrate business resources. Leveraging our core competencies across infrastructure assets, development expertise, service capabilities and actionable insights, we provide bespoke, holistic and intelligent infrastructure. As of September 30, JINGDONG Property manages more than 270 infrastructure projects in China and worldwide.

 

About EZA Hill Property Management Pte Ltd
EZA Hill is a real estate investment platform (www.ezahill.com) that invests, holds, and develops industrial, logistics, and business park real estate opportunities in Southeast Asia. Leveraging its proprietary industry research and operational expertise, the platform aims to take advantage of the growth potential in Southeast Asia’s real estate market and create value through strategic investments in sustainable and innovative infrastructure solutions. EZA Hill is committed to delivering value and sustainable growth while fostering innovation in the region’s building and infrastructure sectors.

 

(yuchuan.wang@jd.com)

JD.com’s Green Stream Initiative Selected as 2025 Sustainable Brand Exemplar; Among First Signatories to Geneva Visionary Initiative

Posted on by Vivian Yang

JD.com is proud to announce that our flagship sustainability program, the Green Stream Initiative, has been selected as 2025 Sustainable Brand Exemplar at the “Building Sustainable Brands” Visionary Initiative, also known as the Geneva Visionary Initiative.

The honor was announced on December 15th at the United Nations Environment Programme (UNEP) global headquarters in Nairobi, Kenya, which draws leaders from the public and private sector to advance sustainable business practices.

The event was co-organized by UNEP, its One Planet Network, the China Association for Standardization, the Sustainable Business and Branding Working Committee, and the Sustainable Business Leaders Forum. The 2025 case collection spotlights leading examples where sustainability is seamlessly integrated into brand value and core strategy.

As one of the inaugural signatories of the Geneva Visionary Initiative in September 2025, JD.com stands alongside other large companies in illustrating the real-world impact of the Initiative’s five-dimensional framework, which fully integrates sustainability principles into business operations and brand value creation, covering strategy, business systems, products, technology, and branding.

Alison Gray Cairns, Head of UNEP’s Private Sector Unit, commended the visionary ambition of the selected projects and highlighted the innovative ways Chinese enterprises are creating value.

Zhang Xiuchun, Secretary-General of the China Association for Standardization, emphasized that unveiling these cases in Kenya represents a key milestone, shifting the Geneva Visionary Initiative from conceptual agreement to practical, actionable steps that strengthen global competitiveness through responsibility.

Spotlight on Ocean Box Partners

Central to JD.com’s recognition is Ocean Box Partners, a flagship project under the Green Stream Initiative initiated by JINGDONG Logistics, the company’s logistics arm. Building on JINGDONG Logistics’ mangrove restoration efforts that began in 2024, this second-phase project, now renamed Ocean Box Partners and often referred to as “Mangrove Ecosystem Project 2.0”, expands mangrove ecosystems in Hengqin National Wetland Park. These vital blue carbon habitats excel at carbon storage and coastal protection.

Launched on International Day for Biological Diversity (May 22, 2025), it continues to be led by JINGDONG Logistics in partnerships with the One Planet Nature Foundation and guidance from organizations such as the Hengqin-Macau Cooperation Zone, China Express Association, and World Wide Fund for Nature (WWF).  In this second phase, the initiative adds 20,000 square meters of restored area, more than doubling the total to over 40,000 square meters.

The “Ocean Box Partners” project emphasizes broader collaboration to engage more participants. Over 52 partners have joined the network, including JD Supermarket, JD Foundation, and global brands such as Haier, Yili Group, Swire Coca-Cola, and Burberry.

Its standout feature is the close integration of conservation with everyday consumer participation. On Green Stream Day (July 6, 2025), with WWF technical support, JD.com linked its online mangrove nurturing platform to customers’ loyalty points. Shoppers can now redeem routine purchases to directly nurture mangrove growth, building on a previous digital campaign that drew over 5 million participants and establishing a compelling “shop-for-good” model that delivers shared benefits.

Built on Strong Sustainability Foundations

Ocean Box Partners draws strength from years of systematic progress under the Green Stream Initiative, which promotes comprehensive green transformation throughout the supply chain to facilitate a seamless shift toward low-carbon operations.

For instance, JINGDONG Logistics has transformed its operations with 139.22 MW of installed solar capacity across facilities by the end of 2024, more than 10,000 new-energy vehicles in its self-operated fleet, and in 2024 alone, 860 million reduced-packaging cartons, 960,000 reusable insulated boxes, and over 290 million recycled cartons.

 This international recognition at UNEP headquarters affirms JD.com’s dedication to sustainability. As the Green Stream Initiative demonstrates, true sustainable branding goes beyond messaging—it demands transforming operations with integrated responsibility, supply chain excellence, and ecosystem care. We will continue advancing it to lead eco-friendly consumption and logistics, and set a global standard for responsible supply chains, providing practical, scalable inspiration for companies worldwide building resilient and responsible brands.

 

(vivian.yang@jd.com)

7618.HK: JINGDONG Industrials Officially Lists on the HKEX

Posted on by Vivian Yang

On December 11, 2025, JINGDONG Industrials (also known as JD Industrials or JDi; stock code: 7618.HK), a subsidiary of JD.com and China’s leading industrial supply chain technology and service provider, commenced trading today on the Main Board of The Stock Exchange of Hong Kong.

According to the HKEX announcement, the final offer price has been set at HK$14.1 per share. The global offering is expected to raise approximately HK$2.827 billion, assuming the overallotment option is not exercised.

Since its founding in 2017, JINGDONG Industrials has stayed focused on its mission: let data flow freely while minimizing unnecessary physical movement of goods. This approach has propelled the company to become China’s leading industrial supply chain technology provider by 2024 GMV (gross merchandise value), according to China Insights Industry Consultancy.

This successful listing opens a new chapter for JINGDONG Industrials. The proceeds of the listing will be used to strengthen the company’s industrial supply chain capabilities, accelerate geographic expansion, and pursue selective strategic investments and acquisitions, all designed to help customers around the world achieve greater efficiency and lower operating costs.

Financially, JINGDONG Industrials has delivered consistent growth. Revenue from continuing operations grew from RMB 14.1 billion in 2022 to RMB 17.3 billion in 2023 and RMB 20.4 billion in 2024, reflecting a compound annual growth rate (CAGR) of 20.1%. For the eight months ending August 31, 2025, revenue reached RMB 14.1 billion, an 18.9% year-over-year increase.

JINGDONG Industrials also reported robust profitability with an adjusted net profit of RMB 710 million in 2022, RMB 820 million in 2023, and RMB 910 million in 2024, achieving a CAGR of 12.8%. In the first half of 2025, the company recorded an adjusted net profit of RMB 500 million.

JINGDONG Industrials currently serves approximately 11,000 key enterprise customers and millions of small and medium-sized enterprises (SMEs), including around 60% of China’s Fortune 500 companies and over 40% of Global Fortune 500 companies operating in China. Through its platform, the company connects more than 158,000 manufacturers, suppliers, and distributors. It offers 81.1 million SKUs across 80 product categories in the core areas of MRO (maintenance, repair, and operations) products, BOM (bill of materials) components, and spare parts.

Powered by the Taipu, an extensive digital supply chain solution. and JoyIndustrial, one of the first large language models designed for industrial supply chain, JINGDONG Industrials helps thousands of industrial customers optimize forecasting, fulfillment, and overall cost structures.

Song Chunzheng, CEO of JINGDONG Industrials, stated: “Supported by JD.com’s premier supply chain ecosystem, JINGDONG Industrials will continue to invest in digital intelligence technologies to create greater value for industries, partners, customers, and now our shareholders. The company is grateful for the trust shown by investors and remains committed to delivering sustainable long-term returns.”

 

(vivian.yang@jd.com)

JINGDONG Property And MODON Announce Partnership Agreement – MoU Signed to Develop 2 Million Sqm of Industrial and Logistics Assets across Saudi Arabia

Posted on by Yuchuan Wang

November 26, 2025 – Riyadh – The Saudi Authority for Industrial Cities and Technology Zones (MODON) and JINGDONG Property, JD.com’s infrastructure investment and management platform, signed a Memorandum of Understanding (MoU) at the UNIDO General Conference (UNIDO GC21) in Riyadh to partner in developing and operating two million square meters of industrial and logistics projects across MODON’s industrial cities. The new partnership is an important step in JD.com’s investment in the Kingdom of Saudi Arabia as the company builds out its businesses in the Region.

The signing ceremony was attended by H.E. Mr. Bandar bin Ibrahim Al-Khorayef, Minister of Industry and Mineral Resources, Eng. Majed Rafed Al-Argoubi, CEO of MODON, and Mr. Feng Guo, General Manager of JD.com Middle East, underscoring the strategic importance of the collaboration.

JINGDONG Property will bring its strong expertise in developing, operating, and managing industrial and logistics assets, as well as attracting institutional capital for large-scale real estate programs. This partnership demonstrates the company’s ability to deliver high-quality projects and strengthen the Kingdom’s industrial and logistics investment environment.

JINGDONG Property and MODON will focus on developing and managing logistics and industrial assets across key locations in Saudi Arabia, including Riyadh, Jeddah, and Dammam. The partnership between JINGDONG Property and MODON supports Saudi Arabia’s global competitiveness by acheiving targets outlined in the National Industrial Strategy and Saudi Vision 2030. These targets include raising the sector’s GDP contribution, enhacing local content, boosting exports, and increasing private-sector participation in infrastructure and superstructure development projects.

The first pilot will land in Jeddah Industrial City with an area of exceeding 40,000 sqm and will be followed by additional developments in the Riyadh region. Marking JINGDONG Property’s first Greenfield Project in Saudi Arabia, the Jeddah project will be developed into modern Grade-A speculative warehousing facilities certified with BREEAM Excellence, delivering sustainable spaces through smart automation and built-to-suit (BTS) solutions. It is designed to meet the rising demand for high quality, efficient storage and logistics space in the Western Region, especially in the industries of FMCG, e-commerce, automotive, food and pharmaceuticals.

JINGDONG Property and MODON both emphasized that this strategic partnership marks an important step in strengthening the Kingdom’s industrial and logistics ecosystem and reinforcing Saudi Arabia’s position as a global hub.

 

About MODON

Since its establishment in 2001, Modon has been undertaking the development and supervision of industrial lands and integrated infrastructure. Today, it oversees 39 existing and under development industrial cities across the Kingdom, in addition to private industrial cities and complexes. Modon succeeded in raising the area of developed industrial lands until now nearly 220 million m² . These cities manage 8000 industrial and investment contracts and more than 4000 factories between producer, existing and under construction and establishment.

 

About JINGDONG Property, Inc.

JINGDONG Property, Inc., also known as JD Property, is a leading and rapidly growing modern infrastructure investment and asset management platform of JD.com, Inc. Its business includes investment, development and asset management of logistics parks, business parks, data centers and others. As the cornerstone of JD.com’s supply chain ecosystem, JINGDONG Property is equipped with deep insights into merchandise and logistics flows and has a unique ability to integrate business resources. Leveraging our core competencies across infrastructure assets, development expertise, service capabilities and actionable insights, we provide bespoke, holistic and intelligent infrastructure. As of September 30, JINGDONG Property manages more than 270 infrastructure projects in China and worldwide.

 

(yuchuan.wang@jd.com)

JD.com Unveils Third Quater 2025 Results, Harnessing a Robust Supply Chain to Propel Growth Through Innovation

Posted on by Vivian Yang

On November 13, 2025, JD.com released its Q3 2025 financial results, which show a strong performance and healthy progress across our diverse business lines.

Our cutting-edge supply chain capabilities continue to drive exceptional customer experiences and pioneer industry innovation, marked by reaching a remarkable milestone: surpassing 700 million annual active customers by October.

Take a dive into the full report to uncover more insights into our journey.

 

(press@jd.com)

 

 

JD.com Strengthens Its Position as Gateway for Premium International Home Appliance Brands in China with 2,000+ Brands Achieving 100% Growth Rate During Singles’ Day

Posted on by Yuchuan Wang

JD.com announced another record-breaking 11.11 sales (Singles’ Day), with the number of customers making a purchase during the grand promotion increasing by 40% year-on-year and order volume increasing by nearly 60%. Trusted by over 700 million consumers and accounting for more than 60% of China’s home appliance market, JD.com has become a gateway for global home appliance product launches and the preferred retail partner for international premium brands entering China.

This 11.11, JD.com enabled over 2,000 home appliance brands to achieve 100% year-on-year sales growth during the grand promotion. High-end appliance product pages generated over 100 million visits, while sales of imported and joint-venture premium refrigerators and washing machines hitting RMB 1 billion. JD.com leverages its advanced supply chain, high-quality customer base, intelligent logistics network, and nationwide delivery-installation services to help international brands overcome market entry challenges and reach their target customers quickly and accurately.

Reaching High-End Consumers with Precision

International premium home appliance brands are increasingly using JD.com to connect Chinese consumers with high-quality imported products, positioning China as a core growth market. In 2025 alone, flagship launches priced above RMB 10,000 (USD 1,400), including Miele’s NOVA, Panasonic’s G5 four-drum washing machines, and Toshiba’s Yutu 2.0, chose JD.com for their market debut.

During 11.11, German brand Miele and Swedish brand ASKO had the global launch of their flagship washing machines on JD.com, while Slovenia brand Gorenje saw product traffic surge 110% compared with the previous month. Hitachi leads the ultra-premium refrigerator segment on JD.com with over 80% market share and average unit prices of RMB 23,000 (USD 3,230). During 11.11, two Hitachi flagship models achieved combined sales exceeding RMB 6 million (USD 800,000).

Comprehensive Solutions Drive Brand Confidence

According to Hitachi, JD.com’s brand credibility is a key factor in winning consumer trust. Gorenje highlights JD.com’s integrated commercial solutions including efficient logistics, intelligent supply chain, omnichannel retail, data-driven operations, and localized marketing capabilities.

JD.com not only ensures fast and secure product delivery, but also provides integrated installation and maintenance services for large or built-in appliances, guaranteeing a consistent premium experience. Its nationwide warehouse network and intelligent supply chain optimize inventory, shorten delivery distances, and reduce operational costs, allowing brands to focus on product innovation and market development.

Through omnichannel coverage from online e-commerce and the offline JD MALL retail complexes, JD.com provides brands and their consumers with immersive experiences, combining in-store design appreciation with online or offline purchase. Data-driven insights enable precise targeting, effective marketing, and long-term user conversion. During major shopping events, JD.com amplifies brand visibility through livestreams, video highlights, and product reviews, integrating appliances into aspirational lifestyle scenarios.

“With a proven infrastructure spanning global supply chain management, brand operations, and consumer experience, JD.com is helping international premium home appliance brands realize the potential of China’s high-end market,” said a spokesperson for JD Home Appliance and Home Living. “As consumers in China embrace premium lifestyles, JD.com offers brands an unparalleled opportunity to launch globally synchronized products, strengthen market presence, and achieve sustainable growth.”

 

(yuchuan.wang@jd.com)

JD.com Sets New 11.11 Sales Record with 40% Growth in Shoppers and Nearly 60% Increase in Orders – 2025 Singles’ Day Breaks all Previous Sales Records

Posted on by Yuchuan Wang

Beijing, November 12, 2025 – JD.com announces it has set a new record for sales during the 11.11 Grand Promotion (Singles’ Day). As of 11:59 PM (UTC+8) on November 11, the number of customers making a purchase during the grand promotion increased by 40% year-on-year and order volume increased by nearly 60%.

Leveraging a robust supply chain, JD.com continues to deliver high-quality products at more affordable prices to customers, achiveing strong growth in both core categories and innovative businesses. Thanks to the application of automation and AI technology in logistics, 95% of retail orders are fulfilled within 24 hours, and customers in nearly 100 cities across China can enjoy real-time, up-to-the-minute delivery.

Some highlights as of 11:59 PM on November 11 include (YoY):

Further enhanced operational efficiency and innovative service experiences for core categories

  • Home appliances and home living business saw robust growth, sales of over 2,000 brands increased by 100%; Sales of flagship new products drive a 150% year-on-year increase; Integrated delivery and installation orders surged by more than 90%.
  • AI-powered electronics experienced explosive growth, as AI tablets achieved a 200% year-on-year sales increase, and AI glasses, speakers, and home storage devices all recorded growth of over 100%.
  • Nearly 2,000 brands and 500 subcategories across apparel, beauty, and sports posted doubled sales increases, while JD Super, the supermarket division, saw more than 30,000 brands achieve over 100% year-on-year growth in sales.

Innovative Businesses Show Strong Growth in First Singles’ Day

  • JD Food Delivery onboarded over 2 million quality restaurants, with daily orders from the top 300 brands surging 13 times compared to the service’s launch month.
  • 7FRESH Kitchen, renowned for its fresh, transparent cooking, gained popularity, achieving a three-day re-order rate triple the industry average while driving a 12%+ increase in orders for nearby restaurants within a three-kilometer radius.
  • In Harbin, 7FRESH Gourmet Mall emerged as a trending landmark, boosting visitor traffic by 80% month-over-month during Singles’ Day.
  • JD’s healthy food brand, 7FRESH Cuisine, launched over 150 tasty dishes, attracting 200% more new users month-over-month.
  • JD Travel delivers affordable, high-quality experiences, with hotel orders soaring eightfold and air ticket orders rising 6.3 times year-over-year.
  • JD Home Cleaning services saw transaction volume grow over 200% year-over-year, with self-operated appliance cleaning orders up 210% and laundry services up 300%.
  • Hairy crabs, sourced directly from farms and delivered to Hong Kong’s Kai Bo Supermarkets in as fast as 12 hours, achieved weekly sales surpassing 15% of the previous year’s annual total.

Driving omnichannel growth through innovative retail formats

  • JD.com’s offline electronics stores have expanded to over 4,200 locations, with a year-on-year sales growth of 100%.
  • The offline complex, JD Mall, saw strong growth, with home living sales increasing by 162%.
  • JD Auto’s in-store services, spanning over 3,000 locations nationwide, saw order volume more than double year-on-year.
  • 7FRESH Supermarket’s online orders increased 180% year-on-year.
  • JD Cross-Border upgraded its National Pavilion strategy, resulting in a 12-fold month-over-month increase in channel transaction volume. Sales of 1,500 imported brands on JD Cross-Border increased by three times.
  • JD Global Sales expanded direct mail to 36 countries, with sales and orders in markets like Japan, Korea, Singapore, Malaysia, Thailand, and Australia doubling year-on-year.

Enabling brands and merchants to achieve sustainable and efficient growth

  • Over 2,000 brands in home appliance and home living, and near 2,000 brands across apparel, beauty, and sports posted doubled sales increases.
  • JD Super, the supermarket division, saw more than 30,000 brands achieve over 100% year-on-year growth in sales.
  • JD Health reported sales for over 2,500 brands of essential and chronic disease medications, alongside near 100 nutritional supplement categories, also exceeding 100% growth year-over-year.
  • Live-streaming commerce continued to grow. Orders from JD Merchandising Manager livestreaming room increased by more than 150% , and total user watch time grew by three times. More merchants than ever joined livestreaming, with the number of merchant-hosted livestreams rising by three times compared with same period last year, and viewing time expanding by 2.5 times.
  • JD Auction attracted over 40 million participants throughout the event cycle, with core auction items drawing 13 times more viewers and 17 times more bidding reservations month-over-month.

 

(press@jd.com)