HKEX:9618

JINGDONG Industrials, the industrial supply chain arm of JD*com, has announced a major upgrade to its proprietary large language model, JoyIndustrial, marking a shift from basic AI tools to advanced “AI Industry Experts.” The new 2.0 system is designed to manage complex, end-to-end industrial processes—including product selection, logistics, and after-sales services—by integrating deep industry knowledge with advanced algorithms. The company says the upgrade enables greater efficiency across the supply chain while reducing costs and improving compliance.

Early applications of the technology are already delivering measurable gains. Tools such as IndLens have significantly accelerated industrial data processing, while an AI shopping guide has reduced procurement decision times and error rates. Meanwhile, Jingbei Cloud enables remote inspections, cutting travel needs and boosting operational efficiency. Looking ahead, JINGDONG Industrials plans to evolve the system into an “AI Superbrain,” aiming to build a fully integrated digital infrastructure for industrial operations over the next five years.
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The Investor 04-16-26
JD*com partnered with Zadig & Voltaire to launch a real-time “shop the runway” experience during China Fashion Week.

The collaboration enabled Chinese consumers to purchase the brand’s latest collection instantly via JD*com’s cross-border platform, combining runway presentation with immediate e-commerce access.

The initiative highlights JD*com’s strategy to accelerate global brands’ entry into China through digital retail integration and advanced logistics capabilities.
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Global Finance News 04-09-26
JD*com launches industry-wide alliance to upgrade China’s pet care market

March 26, 2026 — JD*com announced the formation of a major Pet Industry Quality Ecosystem Alliance in partnership with 48 organizations, aiming to elevate standards across China’s rapidly growing pet care sector.

The alliance brings together companies across manufacturing, retail, healthcare, and insurance to improve transparency, product quality, and service standards. Key initiatives include strict food safety guarantees, standardized live pet trading rules, specialized logistics networks, integrated healthcare services, and more transparent insurance solutions.

JD*com said the initiative marks a shift from price-driven competition toward quality-focused growth, addressing rising consumer demand for premium and ethical pet care.

The company added that the alliance will help build a more reliable and high-standard ecosystem, supporting long-term development of China’s multi-billion-dollar pet industry.
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Global Finance News 03-26-26
JD*com reports higher revenue but lower profits in 2025, announces dividend

JD*com reported fourth-quarter revenue of RMB352.3 billion for 2025, up 1.5% year-on-year, while full-year revenue rose 13% to RMB1.31 trillion, reflecting continued user growth and higher shopping frequency on its platform.

Despite the revenue growth, profitability declined. The company posted a net loss of RMB2.7 billion in the fourth quarter compared with a profit a year earlier, while full-year net income fell to RMB19.6 billion from RMB41.4 billion in 2024. JD Retail remained resilient, reporting operating income of RMB51.4 billion for the year with margins improving to 4.6%.

JD*com also announced an annual cash dividend of $1.0 per ADS, equivalent to about $1.4 billion in total payouts. The company said it returned about 10% to shareholders in 2025 through dividends and share buybacks totaling roughly $3.0 billion, and expects continued growth supported by AI integration and expanding businesses such as food delivery and international operations.
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The Investor 03-06-26
JD*com and DHL Group have signed a memorandum of understanding to support German brands’ expansion in China and Europe, leveraging JD*com’s e-commerce ecosystem and DHL’s global logistics network.

Under the agreement, DHL will introduce German brands to JD*com’s cross-border platform, enabling them to sell directly to more than 700 million Chinese consumers without establishing a physical presence in China. The partnership combines DHL’s international shipping and trade expertise with JD*com’s logistics arm, JINGDONG Logistics, to provide integrated end-to-end solutions from Europe to China, including preferential customs and VAT schemes for direct B2C shipments.

JD*com will also support participating brands in expanding across Europe through its new retail platform, Joybuy. By integrating logistics infrastructure, digital tools, and market access, the collaboration aims to lower entry barriers, improve fulfillment efficiency, and create scalable growth pathways for German brands in both markets.
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European Investor 02-26-26
JD*com Expands Global Supply Chain Push with FII Partnership and European Logistics Launch

JD*com announced a three-year strategic partnership with the Future Investment Initiative Institute (FII Institute) to accelerate innovation and resilience across global logistics and supply chains.

The collaboration will combine FII Institute’s global investment and convening platform with JD*com’s advanced logistics infrastructure and digital supply chain capabilities. The two sides plan to spotlight pilot initiatives, conduct joint research on resilient and sustainable supply chains, and facilitate collaboration between governments, corporates and entrepreneurs across key growth markets, particularly in the Middle East.

JD*com said the partnership aligns with its strategy to expand its international logistics footprint and strengthen digital infrastructure in major supply chain hubs.

In parallel with its global push, JD*com recently announced the launch of JoyExpress, a dedicated express delivery service in Europe under JINGDONG Logistics. JoyExpress will initially support Joybuy, JD*com’s new European online retail platform scheduled to launch in March 2026.

JoyExpress will offer same-day and next-day delivery in major cities across the UK, Germany, the Netherlands and France. The service operates from more than 60 warehouses and depots across Europe and is supported by integrated warehousing, transportation, cold chain and large-item logistics capabilities.

JD*com, listed on NASDAQ and the Hong Kong Stock Exchange, ranks 44th on the Fortune Global 500 and continues to position supply chain technology and logistics infrastructure as core drivers of its global expansion strategy.
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Global Finance News 02-12-26
JD*com has launched JoyExpress, a new dedicated last-mile delivery service in Europe under JINGDONG Logistics (HKEX: 2618), to support the rollout of its European e-commerce platform, Joybuy.

JoyExpress will initially operate in the UK, Germany, the Netherlands and France, offering same-day and next-day delivery in major cities. The service includes warehousing, transportation, cold chain, large-item logistics and end-to-end supply chain solutions, supported by more than 60 warehouses and depots across Europe. Large home appliance delivery and installation services will also be available in key cities.

The fleet comprises trucks, vans and electric bicycles, with delivery staff operating in branded uniforms and vehicles. Joybuy, currently in beta testing, is expected to officially launch in March 2026, with JoyExpress providing integrated fulfillment and last-mile support. Over time, JoyExpress plans to expand services to third-party business partners.

In related developments, Joybuy has expanded its UK product lineup, including the exclusive launch of Coocaa Roku TV models and a strategic partnership with Kweichow Moutai as its official UK online retailer. These moves reflect JD*com’s broader strategy to leverage its logistics infrastructure to support brand expansion and cross-border retail growth in Europe.

Source: JDcom Corporate Blog.
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The Investor 02-11-26
JD Logistics outlined how its LangzuTech Goods-to-Person (G2P) system is reshaping smart warehousing by shifting fulfillment from fixed capacity to elastic, demand-driven operations.

The LangzuTech Tote Handling System is a fully integrated G2P solution combining tote-handling AGVs, lifting robots, high-density 3D racking, automated inbound and picking stations, and closed-loop tote returns. By utilizing up to 12 meters of clear height, the system significantly increases storage density and reduces unit warehousing costs. Unlike traditional category-zoned warehouses, it supports multi-SKU and multi-category storage within a single tote, improving efficiency for complex, mixed-order fulfillment.

A key feature is its modular, zone-based deployment. Warehouses can roll out automation in phases and scale capacity up or down by adding or redeploying robots and workstations as demand changes. This approach lowers upfront investment, minimizes disruption to live operations, and accelerates return on investment, fundamentally altering the cost structure of fulfillment.

The system has been deployed across apparel, pharmaceuticals, electronics, FMCG, and full-category warehouses. In apparel operations, it has delivered five- to sixfold improvements in inbound shelving efficiency and supported daily outbound peaks exceeding 30,000 orders without expanding warehouse footprint. In pharmaceutical environments, it combines efficiency with compliance, achieving up to four times storage density, 99% picking accuracy, and up to 50% reductions in per-order handling costs, while enabling full traceability and automated monitoring for regulated products.

As part of JD*com’s global logistics expansion, LangzuTech has entered large-scale replication and deployment. With more than 130 overseas, bonded, and direct-mail facilities worldwide, JD Logistics positions the system as a standardized yet flexible automation foundation to support efficient, resilient, and sustainable supply chains across diverse markets.
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WS Investor 01-30-26
JINGDONG Industrials, a subsidiary of JD*com, officially listed on the Hong Kong Stock Exchange on December 11, 2025 under stock code 7618*HK. The final offer price was set at HK$14.1 per share, with the global offering expected to raise about HK$2.83 billion. Founded in 2017, the company is China’s leading industrial supply chain technology and service provider by GMV and serves around 11,000 large enterprise customers and millions of SMEs.

Revenue grew from RMB 14.1 billion in 2022 to RMB 20.4 billion in 2024, while adjusted net profit rose to RMB 910 million in 2024. Proceeds from the listing will be used to strengthen supply chain capabilities, expand geographically, and support strategic investments, with continued focus on digital intelligence solutions such as its Taipu platform and the JoyIndustrial AI model.
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The Investor 12-12-25
JD*com’s infrastructure arm, JINGDONG Property, has signed a Memorandum of Understanding with Saudi Arabia’s MODON to jointly develop and operate two million square meters of industrial and logistics assets across the Kingdom. The agreement, signed at the UNIDO GC21 conference in Riyadh, marks JD*com's largest industrial real estate commitment in Saudi Arabia to date.

The first project will begin in Jeddah Industrial City, where JINGDONG Property will build more than 40,000 square meters of Grade-A warehousing certified to BREEAM Excellence standards, including smart automation and built-to-suit options. Additional developments will follow in Riyadh and Dammam.

The partnership aims to support Saudi Vision 2030 goals by expanding industrial capacity, enhancing local content, improving exports, and increasing private-sector participation in infrastructure. MODON, which oversees 39 industrial cities, will provide land and regulatory facilitation, while JINGDONG Property brings its expertise in developing and managing large-scale logistics and industrial assets.

JD*com emphasized that the agreement strengthens Saudi Arabia’s industrial and logistics ecosystem and represents the company’s first Greenfield project in the country.
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Author
The Investor 11-29-25
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