JD Logistics eyes faster deliveries in lower-tier cities for growth

JD Logistics, the logistics arm of Chinese e-commerce giant JD, is beefing up its presence in lower-tier cities to offer fast and efficient delivery services, and its orders from third-party seller platforms and outside partners have grown eightfold, accounting for 40 percent of its revenue.

The company also announced its 5G-powered smart logistics park, which is China's first and located in Beijing, will come into operation in collaboration with three telecom carriers during the upcoming Nov 11 shopping extravaganza.

"We will continue to open our logistics services to third-party clients and penetrate into the fourth - to sixth-tier cities and townships, where orders can be delivered right to the customer's doorstep within 24 hours," said JD Logistics CEO Wang Zhenhui, while noting the improvement of logistics efficiency will give a big boost to the wholesale retailing of its products.