JD Logistics
| Company type | Subsidiary |
|---|---|
| Industry | Logistics, Supply chain management |
| Founded | 2007 |
| Founder | JD.com (initially as a department) |
| Headquarters | China |
Area served | China, international (beyond China) |
| Products | Logistics services, supply chain management |
| Owner | JD.com |
| Parent | JD.com |
JD Logistics (abbreviated as JDL and also known by its Chinese name JINGDONG Logistics, pinyin: Jīngdōng) is a logistics and supply chain management enterprise based in China, functioning as a subsidiary under the umbrella of JD.com.
Background
Initially established in 2007 as a department within JD.com, JDL was spun off into an independent entity on 23 November 2016 to extend its services to external clients and facilitate JD.com's growth beyond the Chinese market.
In October 2017, JDL introduced its inaugural fully automated B2C warehouse located in Shanghai, engineered to process upwards of 200,000 orders each day.
The company made its debut on the Hong Kong Stock Exchange in May 2021, successfully raising US$3.2 billion, marking it as the second largest initial public offering in Hong Kong that year.
In March 2022, JDL expanded its logistics network by acquiring a controlling interest in Deppon Logistics, a domestic courier firm, for 9 billion yuan (approximately US$1.42 billion), strengthening its position amid the e-commerce growth triggered by China's COVID-19 lockdown measures.
By September 30, 2023, JDL managed a network comprising more than 1,600 warehouses with a total gross floor space exceeding 32 million square meters, including properties operated through its Open Warehouse Platform.