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25.06.25 - 11:01
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JD.com hires full-time food delivery riders to challenge Meituan, Alibaba (SCMP)
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JD Logistics has kicked off recruitment of full-time meal delivery riders, as its parent – e-commerce giant JD.com – intensifies efforts to compete with Meituan and Alibaba Group Holding in the lucrative Chinese food delivery market.
Hong Kong-listed JD Logistics said on Tuesday it had started hiring full-time riders for JD.com's food delivery business, in a move aimed at broadening the subsidiary's service offerings, according to a filing with the stock exchange.
Beijing-based JD.com launched......
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24.06.25 - 11:45
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JD LOGISTICS Recruits Full-time Riders for JD Food Delivery Service (AAStocks)
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Recently, with the development of the food delivery business of JD-SW (09618.HK) together with its subsidiaries and consolidated affiliated entities, JD LOGISTICS (02618.HK) has begun recruiting full-time riders to participate in delivery services of JD Food Delivery, according to JD LOGISTICS' announcement.This arrangement,......
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19.06.25 - 02:06
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JD.com takes its Meituan rivalry to Saudi Arabia with express delivery service (SCMP)
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Chinese e-commerce giant JD.com is extending its deep-seated rivalry with Meituan to Saudi Arabia, launching a self-operated courier service in the country as it extends its footprint in the Middle East.
On Wednesday, JD.com's logistics arm JD Logistics announced the launch of JoyExpress, a business-to-consumer express delivery service that covers most of the 13 provinces in the Middle Eastern country, according to a statement.
JoyExpress provides expedited same-day and next-day delivery......
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11.06.25 - 06:45
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JD Logistics Expands into Saudi Arabia w/ Team of 1K+ Recruits: Report (AAStocks)
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JD.com is launching logistics services in Saudi Arabia with a current team size of over 1,000, according to Sina Finance. It is also reported that couriers are already delivering packages there.Relative sources of JD Logistics declined to comment on the report at this time, but stated that information would be provided as it bec......
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03.06.25 - 04:15
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JD LOGISTICS Dedicated Warehouse for Dirovo in Wuhan Comes into Operation (AAStocks)
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JD LOGISTICS (02618.HK) announced that a dedicated warehouse in Wuhan established under the partnership with China's beauty brand Dirovo has officially commenced operations. It will serve as a key node in JD LOGISTICS' intelligent supply chain network in Central China.By deploying automated equipment, offering comprehens......
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14.05.25 - 06:00
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Research: CLSA Cuts JD LOGISTICS TP to HKD15.7; Rating Kept Outperform (AAStocks)
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CLSA has released a report indicating that JD LOGISTICS (02618.HK) saw a YoY sales increase of 11% in 1Q25, with non-IFRS net profit rising by 13% YoY and net profit margin remaining stable at 1.6% YoY, basically in line with the broker's expectations.To expand service capacity, particularly in timed express delivery service......
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13.05.25 - 11:00
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Results: JD LOGISTICS 1Q NP RMB451M, Up 89.1% (AAStocks)
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JD LOGISTICS(02618.HK) announced its results for the first quarter ended March 2025, with a revenue of RMB46.967 billion, up 11.5% YoY. Net profit was RMB451 million, up 89.1% YoY.Under non-IFRS measures, JD LOGISTICS' 1Q25 profit amounted to RMB751 million, up 13.4% YoY, with a non-IFRS profit margin of 1.6%, flat YoY. Non-......
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