On October 9th, JD Logistics announced that it will acquire a wholly-owned subsidiary engaged in local instant delivery business from JD Group for 270 million US dollars. This acquisition will help JD Logistics strengthen its "last mile" delivery capabilities, expand its integrated supply chain solutions and service portfolio, and supplement its existing product matrix and business map.
It is reported that the local instant delivery business to be acquired this time is the instant delivery business of the original Dada Group. The original Dada Group's main business is divided into local instant retail business and local instant delivery business, which can provide consumers with the ultimate service experience of rapid delivery of massive goods. The business can cover more than 2000 counties, districts and cities across the country.
It is understood that JD Group's instant delivery business ranks among the top in terms of order volume and service quality in the industry, and its instant delivery business has good experience and accumulation in technology, algorithm scheduling, and other aspects. After this acquisition, JD Logistics fully collaborates with this high-quality instant delivery capacity network, making the integrated supply chain service chain more complete and providing customers and consumers with more comprehensive and high-quality services.
In June of this year, JD Logistics announced on the Hong Kong Stock Exchange that with the rapid development of JD's food delivery business, JD Logistics began recruiting full-time riders to participate in JD's food delivery services. The announcement shows that after several months of development, JD Logistics believes that this business has commercial potential and opportunities for further expansion.
Public data shows that JD Group's instant distribution business has served supermarket chain brands and catering brands in industries including Sam, Wal Mart, CR Vanguard, etc. At present, JD Logistics has established six leading logistics service networks, including warehousing network, comprehensive transportation network, last mile delivery network, large cargo network, cold chain network, and cross-border network.
