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…
JD rights its shopping cart with first-quarter turnaround
The e-commerce giant’s latest results beat market expectations, earning new confidence as it seeks to regain its lost momentum Key Takeaways: JD.com reported a profit of 7.1 billion yuan for…
YTO International ships in new CEO as its revenue fails to deliver
Revenue at the international arm of one of China’s leading parcel delivery companies shrunk by nearly 30% last year on falling international freight prices and waning demand Key Takeaways: YTO…
Dada Nexus rides closer to JD.com’s orbit with management shakeup
The intra-city delivery company named a new chairman and CFO, both with close ties to JD Logistics Key Takeaways: Dada Nexus has appointed two JD Logistics veterans as its new…
JD’s boardroom shuffle ignites talk of founder’s return
The executive who replaced JD.com founder Richard Liu as CEO only a year ago is unexpectedly stepping down, handing the reins to the firm’s CFO. The management shake-up at the…
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