Timeline JD Logistics

TIMELINE THE RISE OF JD LOGISTICS

JD Logistics went public in May, raising more than $3bn. Quite the achievement given it began life less than 15 years ago as a delivery unit for JD.com's ecommerce business

2007

Humble Beginnings

Unable to find a thirdparty delivery firm to serve its growing e-commerce business, JD.com establishes a new logistics unit. A rudimentary network is setup, with locations in Beijing, Shanghai and Guangzhou.

2015

Period of Innovation

In a bid to reach a larger share of the Chinese population, the company establishes a research and logistics innovation lab. The goal is to develop smart logistics capabilities and pioneer unmanned and automated technologies.

2017

JD Logistics is Born

JD Logistics is spun out from JD.com's ecommerce business and is established as a separate company. New services, including a white-glove delivery service called JD Luxury Express, are launched.

2019 2021

Opening Up

A new open platform for digital supply chain is launched to expand JD Logistic’s reach beyond JD.com's e-commerce business, and into a wider range of industries. The company now also serves consumers directly through parcel delivery.

JD Logistics Goes Public

JD Logstics floats on the Hong Kong Stock Exchange raising $3.1bn. Shares surge 18% as trading opens, closing the day 3.3% up to give the company a market cap of $33bn. The business now operates 1000 warehouses and is expanding into Europe.