JD Logistics (SEHK:2618) Eyes Growth with Taobao and Tmall Alliances Despite Rising Employee Costs
JD Logistics has recently showcased strong financial growth, with a notable 6.6% increase in revenue year-over-year, reaching RMB 44.4 billion, and a significant rise in net profit margins to 5.8%. The company's strategic focus on technological innovation and international expansion, including new warehouses in Malaysia and the United States, is set to bolster its global market presence. This report delves into JD Logistics' key financial metrics, strategic initiatives, potential growth...