, China
Source: JD

JD Logistics revenue rises over 42% in 2021

Its total revenue stood at RMB104.b during the year.

JD Logistics (JDL) reported its total revenue grew 42.7% year-on-year (YoY) to RMB104.7b in 2021 largely due to external customers.

Revenue from external customers accounted for 56.5% of the total revenue for 2021, which is the first year since the company launched its initial public offering.

The company noted its external integrated supply chain customers rose “significantly” by 41.7% YoY to 74,602 during the year.

Moreover, as of December 2021, JDL operated more than 1,300 warehouses, and over 7,200 delivery stations.

It also created jobs for more than 200,000 in-house delivery personnel.

JDL operates automated warehouses overseas including the United Kingdom, the United States, Australia, and the Netherlands amongst others.

At present, it has nearly 80 total bonded and overseas warehouses.

The company also invested some RMB2.8b in technology innovation, reflecting a 37% YoY increase.

As of December 2021, JDL applied over 5,500 patents and software licenses, which includes 3,000 licenses related to automation technology and unmanned technology.

It also piloted 5G in Asia, particularly in logistics parks in Changsha and Beijing in China, as well as deployed nearly 400 Level-4 autonomous delivery vehicles into daily operations for last-mile delivery.

Follow the link for more news on

Join Retail Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Brands told to come clean about beauty care
Consumers are more discerning and can easily spot fake ingredient claims.
Swarovski cracks TikTok to scale luxury amongst Gen Zs
The Austrian glassmaker is working with influencers to connect with the Singaporean market.
Starbucks Korea opens high-tech store in Seoul
Its first reserve-only branch features AR art installations and a Mixology Bar.
Decathlon gets closer to hybrid Singaporean shoppers through pick-up service
The world’s largest sporting goods retailer lets clients pick up online orders on the go.Decathlon is building on the success of its pick-up service in Singapore as it progresses toward its target of having 37 locations in the city-state in the next two years, its top official said.