DHL and JD.com Partner on Supply Chain Biz
DHL, a recognized leading logistics company, and JD.com, (Nasdaq:JD), China’s largest online direct sales company, have signed an agreement to cooperate on a range of cross-border supply chain initiatives that will leverage the two companies’ expertise in logistics and ecommerce, further expanding their relationship.
By way of background, in July 2015, the two companies announced that DHL would be the preferred logistics service provider for moving American products ordered on JD.com’s U.S. Mall to and across China.
Under the terms of the agreement, DHL will become the preferred logistics supplier to JD.com’s International Business Group, which focuses on consumers in markets outside of China. JD.com will also become a strategic customer under DHL’s Fast Growing Enterprises initiative and gain access to a comprehensive suite of logistics solutions across all DHL business units.
DHL will provide international express; air, ocean and road freight; warehousing; parcel delivery; e-commerce services and access to fulfillment distribution centers, and local distribution services in key regions to support the global growth of JD.com internationally. Currently, DHL is also providing international express services between China and France.
DHL and JD.com have also agreed to explore the development of innovative cross-border supply chain systems and operating processes, building on DHL’s valuable international industry experience to support the design and development of JD.com’s rapidly expanding global supply chain network.
Category: General Update