JD Logistics, a subsidiary of e-commerce giant JD.com, will provide import-related logistics services for retail giant Carrefour, including customs clearance, sorting, and delivery, 36Kr reported on Friday.
JD Logistics’ network covers more than ten cross-border trade ports in China, according to 36Kr.
Carrefour will also launch a flagship store on JD.com specifically to sell products stocked outside of mainland China, such as in France, according to Linkshop, a Chinese media outlet focusing on retail. When a customer places an order, JD Logistics will then ship the item to China. Last year, Carrefour opened a store on JD.com, making its China-stocked products accessible to the e-commerce giant’s user base.
JD Logistics has been expanding in China by entering more cities and hiring more couriers, angling for a turnaround in its operation. The company booked losses exceeding RMB 2.8 billion (USD 417.5 million) in 2018, said JD.com founder and chairman Richard Liu in April, when addressing public scrutiny on why the company cancelled base salaries for its couriers.
36Kr is KrASIA’s parent company.