KrASIA’s Morning Briefing is a closed-door presentation that delves into a different industry in China every 1st and 3rd Tuesday morning of the month. Register here for episode 3 on Logistics, March 16 at 9am!
More essential than ever
In the past five years, China’s logistics market exemplified robust growth, mirroring the increasing popularity of online shopping. In 2019, the total volume of goods transported amounted to a whopping RMB 298 trillion (USD 45 trillion).
With the pandemic altering global consumption patterns, there has never been a greater need for quick transportation of goods. This shift fuels the already thriving express delivery space in China, and has left vastly different impact on the two very distinct business models: the independent model and the franchising model.
One of the most anticipated IPO of 2021: JD.com’s logistics arm
Chinese e-commerce giant JD.com’s offshoot JD Logistics launched the process for its initial public offering on the Hong Kong stock exchange in early February, becoming the third JD subsidiary to file for a listing.
The shipping unit of JD.com generated total revenue of RMB 49.5 billion (USD 7.66 billion) in the first nine months of 2020 with rapid annual growth of 43.2%, according to the company’s prospectus.
Join the 20-minute presentation to learn more
In episode 3 of Morning Briefing, we’ll explain the pros and cons of the two commercial routes (independent model and franchising model) and explore the technological outlook for China’s express delivery market.
We will also probe into JD Logistics’s impending IPO—a landmark event that could boost its value to USD 40 billion.
Register for the Zoom webinar for March 16, 9 am now!
To learn more about Morning Briefing, visit our event page.