JD Logistics, the logistics arm of the country's second-largest e-commerce player JD, said that it has achieved an annual revenue of 30 billion yuan (.5 billion) and looks set to scale it up to 100 billion yuan in the next five years, with orders from third-party trading platforms accounting for nearly 50 percent of the revenue.
JC: I think it’s a blow because these are potential jobs that could have could have grown here and are in our backyard. I think there are additional opportunities that Amazon could have looked into to expand its workforce in its presence and in the northwest. And I think they feel like they’ve kind of tapped out here in the Seattle area.
JIN DING/CHINA DAILY
It's sub-brand Kessho, a chocolate brand based in Shanghai and Beijing, also launches a special Christmas chocolate cookie and four Christmas special chocolate desserts.
It's quirky, but ultimately unimportant.
Its manufacturing base is located in Jinjiang, Fujian province. Its business runs on the OEM (original equipment manufacturing) model in Vietnam, as the practice can effectively cut import tariffs and help further its global supply chain.
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JD Digits also announced the launch of the JD agriculture and husbandry academic research program.
Its investment in Thailand's Ascend Money, an arm of Charoen Pokphanda, local agriculture-to-telecoms conglomerate, can give access to local users and merchants.
Its energy and chemical industrial base is one of China's four national-level coal chemical industry demonstration zones. It was established 20 years ago and forms the first batch of the national industry base.
JD data showed its cold chain orders in the first quarter of this year increased 200 percent year-on-year. Since early April, with the resumption of transportation in and around Hubei province, whose capital Wuhan was the first epicenter of the epidemic, JD's Asia No 1 logistics park in the city has been seeing robust growth in the number of orders.