JD.com unveils new logistics services arm

E-commerce giant says unit plans massive expansion, does not rule out future listing

Chinese e-commerce giant JD.com Inc on Tuesday announced the establishment of JD Logistics, a new business group under JD.com, to provide smart supply chain and logistics services.

The group said JD Logistics would provide business partners with comprehensive supply chain solutions, including warehousing, transportation, delivery, after-sales services as well as logistics services, including smart and cross-border logistics.