BRIEF: JD.com profit tumbles on surging marketing expenses
E-commerce giant JD.com Inc. (9618.HK; JD.US) announced on Tuesday that its net profit for the first quarter fell 53.2% year-on-year to 5.1 billion yuan ($751 million), while its non-GAAP profit…
BRIEF: JD Logistics to privatize Shanghai-listed Debon unit
JD Logistics Inc. (2618.HK) said on Tuesday it plans to privatize its Debon Logistics Co. Ltd. (603056.SH) unit from the Shanghai Stock Exchange by purchasing the remaining 20% of the…
BRIEF: JD Logistics to buy two on-demand local delivery units from parent
Logistical services provider JD Logistics Inc. (2618.HK) said on Thursday it has agreed to buy two local on-demand delivery companies, Dasheng and Dajiang, from its parent, JD.com Inc. (JD.US; 9618.HK),…
NEWS WRAP: JD Logistics revenue, profit accelerate on China market momentum
The company’s integrated supply chain solutions business recorded strong growth in the first half of 2025, while continued efficiency improvements lifted its profitability By Teri Yu JD Logistics Inc.…
NEWS WRAP: JD Logistics profit nearly triples on technology upgrades
The logistics arm of e-commerce giant JD.com reported its 2024 revenue grew nearly 10%, as external customers contributed 70% of the total By Teri Yu JD Logistics Inc. (2618.HK) reported…
JD Logistics buys out partner in its race to time-sensitive deliveries
The company is building out its integrated supply chain services by completely purchasing Kuayue-Express, its time-sensitive delivery partner for B2B customers Key Takeaways: JD Logistics will buy out the remaining…
NEWS BRIEF: JD Logistics swings to profit, but evicted from index
JD Logistics Inc. (2618.HK), the logistics arm of e-commerce giant JD.com (JD.US; 9618.HK) announced strong interim results last Friday, the same day it got kicked out of a major stock…