- May 31, 2021
- Executive Spotlights
JDL CEO on Bloomberg TV: Future Focus on Business Expansion and Revenue Growth
by Martin Li
JD Logistics (JDL) will focus on business expansion and revenue growth in the next few years, JDL CEO Rui Yu said in an interview with Bloomberg TV, which aired on May 28.
JDL went public in Hong Kong on the same day. Shares rose as much as 18% on the first day of trading after raising $3.2 billion in Hong Kong’s second-largest initial public offering this year, according to the Bloomberg report.
“Frankly speaking, the focus for next few years will still be growth. We will focus on business expansion and revenue growth for the next several years. Our net margin will keep improving in the long-term,” said Yu.
“JD Logistics is doing better than any other company in B2B sector in terms of ensuring the benefits of our frontline workers and regulatory compliance,” said Yu
The full interview can be watched here.