Aug 25, 2022|
JD Logistics Interim 2022 Financial Results Show Strong Growth
by Yuchuan Wang
JD Logistics released its interim 2022 earnings results on August 23, with revenue increasing by 20.9 percent to RMB58.6 billion yuan, a growth rate that is higher than the industry’s average.
External factors including the pandemic have posed challenges to the global logistics industry, while JD Logistics’ continuous investment in supply chain infrastructure and intelligent technology empowers the company to leverage flexible and resilient integrated supply chain solutions. In the second quarter of 2022, JD Logistics’ revenue from external customers increased by 27.7 percent YoY to RMB18.2 billion yuan, accounting for nearly 60 percent of total revenue for the quarter, thanks to the company’s tailored supply chain solutions and products for customers from various industries including FMCG, home appliance, apparel, 3C, automotive, fresh produce and more.
At the same time, JD Logistics keeps expanding its logistics infrastructure at home and abroad. As of June 30, 2022, JD Logistics operated over 1,400 self-operated warehouses and over 1,700 owner-operator cloud warehouses under its Open Warehouse Platform, with an aggregated floor area (GFA) of approximately 26 million square meters. Same-day or next-day delivery service covered China’s 94 percent counties and 84 percent towns and villages.
In June, JD Logistics launched the first automated warehouse in the United States, “Los Angeles No.2”, enlarging its self-operated warehouses in the country reaching an area of approximately 1,000,000 square feet. Since 2020, JD Logistics has launched self-operated overseas warehouses in the United States, Germany, the Netherlands, France, the United Kingdom, Vietnam, the United Arab Emirates, Australia, Malaysia and so on, representing the company’s initial milestone achievements in its global network expansion plan. As of June 30, 2022, JD Logistics operated approximately 90 bonded warehouses, international direct mail warehouses and overseas warehouses, covering an aggregate GFA of approximately 900,000 square meters with an over 70 percent increase year-over-year.
JD Logistics has been investing in smart technologies regarding warehousing and delivery. JD Logistics had applied for over 7,000 patents and software licenses, among which more than 4,000 are related to automation technology and unmanned technology. As the first company in China to apply autonomous delivery vehicles commercially on public roads, JD Logistics now deploys over 400 such vehicles in more than 25 cities including Beijing, Tianjin, Changshu and more.
Additionally, JD Logistics is deeply aware that the future of the company is closely tied to the environment, society and the industry. In May, JD Logistics published its first ESG report; and in June, JD Logistics and partners jointly released the “Carbon Neutral Guide for Logistics Parks” and took the lead in presenting a comprehensive solution for carbon neutrality in logistics parks. JD Logistics also released the industry’s first Delivered with Original Package (“DWOP”) green packaging certification, and joined hands with many partners to set the new goal of green packaging, aiming at achieving more than 80 percent of e-commerce products support DWOP by 2030.
Mar 22, 2024|
Sportano and JD Logistics Collaboration Boosts Operational Efficiency by 200%
Sportano, the fast-growing Poland-based multi-brand sports retailer, and JD Logistics (also known as JINGDONG Logistics), a global leader in logistics and supply chain solutions, announced a significant 200% increase in Sportano’s warehouse operational efficiency since their collaboration began in 2023.
Sportano stands out as a comprehensive destination for sports enthusiasts, offering an extensive range of sporting equipment, apparel, and accessories from leading brands. As a digital-first retailer, Sportano has expanded its reach across Europe with its robust online platform, complemented by its inaugural brick-and-mortal location in Warsaw, Poland, launched in 2022. The retailer’s rapid growth underscored its need for omnichannel logistics support so it could continue providing exceptional customer service to sports enthusiasts across Europe.
The collaboration between Sportano and JD Logistics has effectively addressed Sportano’s logistical challenges, including managing a vast and varied inventory of over 100,000 product types, ranging from small items like fishhooks to larger items such as skis and tents. The seasonal nature of sporting goods and the need for omnichannel fulfillment further complicated the logistics process.
JD Logistics introduced a suite of advanced technological solutions, including the deployment of Automated Guided Vehicles (AGV) equipped with flexible and interchangeable storage receptacles. This innovative approach, coupled with an independently developed intelligent Warehousing Control System (WCS), has enabled efficient management of Sportano’s inventory, accommodating seasonal fluctuations and streamlining both direct-to-consumer and business-to-business orders.
The partnership between JD Logistics and Sportano has not only boosted Sportano’s operational efficiency by 200% but also set new standards for logistics excellence in the sports retail sector. The integration of cutting-edge technology and intelligent systems has transformed Sportano’s warehouse operations, ensuring more vigorous, flexible, and efficient order fulfillment.
Mengyao Chen, director of international business development at JD Logistics’ innovation lab JDL-X, said, “We are proud to partner with Sportano and apply our logistics expertise to tackle the unique challenges of the sports retail industry. This collaboration underscores our commitment to innovation and our ability to enhance operational efficiency for our clients.”
Tomasz Kupidura, Chief Logistics Officer at Sportano, said, “Working with JD Logistics has revolutionized our logistics operations, enabling us to meet our customers’ needs more effectively and efficiently. This partnership has been instrumental in our growth and success across the European market.”
JD Logistics’ technology products and solutions have garnered significant acclaim among external clients across diverse industries, including electronics, industrials, apparel, medicine, and automobiles, with logistics technology projects launched in over ten countries and regions globally, spanning Asia, Europe, Oceania, and North America. By bringing its expertise to international markets, JD Logistics aims to redefine global logistics standards, advancing intelligent supply chain capabilities and driving innovation in the industry.
Mar 15, 2024|
JD Logistics Announces Major Expansion of International Express Delivery Service
JD Logistics, the logistics arm of JD.com (also known as Jingdong), today announced a significant expansion of its international express delivery service. This expansion extends the service’s reach from initial hubs in Guangzhou and Shenzhen to nearly every district within China, offering an express delivery experience from China to global destinations for both individuals and businesses.
First launched in December 2023, JD’s international express delivery service has been utilized for sending a variety of products including documents, apparel and more, with the United States, United Kingdom, and Germany emerging as the top three destinations. The service not only processes individual orders but also caters to the needs of overseas consumers and merchants, ensuring a seamless and efficient logistics solution that spans continents.
JD Logistics is committed to leveraging our extensive network and logistics expertise to provide fast, reliable, and high-quality logistics services. Leveraging JD’s in-house couriers and logistics transportation network, the international express delivery service offers one-hour doorstep pick-up. Additionally, through JD’s air and land transportation network, international express shipments are prioritized and trackable throughout the journey.
JD.com is actively expanding its international supply chain and logistics capabilities. A recent collaboration with Geopost has enabled JD to develop comprehensive shipping solutions between China and Europe, setting a new benchmark in logistics excellence. Further amplifying its international footprint, JD’s partnership with Evri, the U.K.’s largest dedicated parcel delivery company, will facilitates the process for European businesses to access JD.com’s marketplace and connect with a broad Chinese consumer base.
Additionally, JD is adapting its highly efficient warehousing model, proven successful in China, to meet industry demands throughout Europe, North America, the Middle East, Southeast Asia, and Australia. Notably, JD Logistics’ overseas warehousing operations already offer same-day fulfillment services in key European markets, including Germany, the Netherlands, France, the U.K., Spain, and Poland, while ensuring rapid two-to-three-day delivery across 90% of regions in the United States.
JD Logistics’ venture into international express delivery is a natural extension of its existing capabilities. Over the past decade, the company has transformed the delivery landscape in China by pioneering same- and next-day delivery, setting a new standard of service for nearly 600 million consumers. This unmatched efficiency is achieved through JD Logistics’ six highly synergized logistics networks, encompassing warehousing, line-haul transportation, last-mile delivery, bulky item delivery, cold chain logistics, and cross-border logistics.
JD Executives: Confident in Macro Economy and Future Consumption
