Latest news with #JDLogistics
CairoScene
19 hours ago
- Business
- CairoScene
China's JD Logistics Launches JoyExpress Courier Service in KSA
China's enters the Saudi market with JoyExpress, a self-operated courier service covering main provinces with rapid delivery and full logistics infrastructure. Jun 20, 2025 JD Logistics, the logistics arm of China's e-commerce giant has launched JoyExpress—a self-operated business-to-consumer courier service—in Saudi Arabia. This marks the company's first overseas consumer-focused delivery network, offering same-day and next-day delivery across most of the Kingdom's 13 provinces. JoyExpress is backed by a logistical network under development that includes warehouses, transfer and sorting centres, and delivery stations staffed by in-house couriers, drivers, warehouse operators, and customer service teams. Known for its self-built logistics infrastructure in China—with over 3,600 warehouses, 19,000 delivery stations and nearly 510,000 frontline staff—JD Logistics looks to replicate its model in the region.
Arab News
a day ago
- Business
- Arab News
Chinese JD Logistics launches Riyadh hub to speed up deliveries in Saudi Arabia
RIYADH: China's JD Logistics has launched a regional operations center in Riyadh, enabling same-day and next-day deliveries across Saudi Arabia through its self-operated express service, JoyExpress. The new 8,000-sq.-meter smart warehouse — JD's first in the region — will serve as a logistics base for its business-to-consumer delivery network, supported by advanced automation and a robust supply chain infrastructure, the company said in a press release. The facility is expected to meet rising consumer demand in Saudi Arabia, with a report released in April Research and Markets showed showing that the Kingdom's e-commerce market is expected to grow at a compound annual growth rate of 12.10 percent during the period from 2025 to 2033, to reach $68.94 billion. Rayan Al-Bakri, deputy minister for Logistics Services at Saudi Arabia's Ministry of Transport and Logistics Services, said: 'JINGDONG Logistics' investment in Saudi Arabia aligns with our national vision to become a global logistics hub.' He added: 'We welcome the company's advanced self-operated express delivery services, which we believe will not only elevate service standards in the Kingdom but also create new opportunities for employment, innovation, and industry development in support of Vision 2030.' Saudi Arabia's National Logistics Strategy aims to position the Kingdom as a leading global logistics hub by enhancing infrastructure, fostering economic growth, and ensuring integration across various modes of transport. During the launch, JD Logistics Vice President Wang Ying announced that the company's services will cover most regions of the Kingdom, the Saudi Press Agency reported. Saudi Arabia's Courier, Express, and Parcel market is expanding rapidly, fueled by a digitally savvy population and the ongoing rise of e-commerce. According to a report by Mordor Intelligence, the Kingdom's Courier, Express, and Parcel market is projected to grow at a compound annual growth rate of 6.48 percent from 2025 to 2030, with the B2C segment already comprising 56 percent of the market value in 2024. 'The launch of JoyExpress marks a key milestone in international journey and business development in Saudi Arabia,' said Charlie Peng, head of Middle East at JD Logistics. He added: 'JINGDONG Logistics will provide leading edge services to our customers in Saudi Arabia and importantly, align with Saudi Arabia's Vision 2030 strategy with its focus on logistics and job creation.' The launch comes amid a broader wave of international investment in Saudi Arabia, aligned with the Kingdom's regional headquarters program. The initiative offers incentives including a 30-year corporate income tax exemption, withholding tax relief, and regulatory support for multinationals operating in the Kingdom. In March, SPA reported that 600 foreign companies have established regional headquarters in the Kingdom since 2021. Notable firms include BlackRock, Northern Trust, and Bechtel, as well as PepsiCo, IHG Hotels & Resorts, PwC, and Deloitte.
South China Morning Post
2 days ago
- Business
- South China Morning Post
JD.com takes on rival Meituan in Saudi Arabia with launch of express delivery service
Chinese e-commerce giant is extending its deep-seated rivalry with Meituan to Saudi Arabia, launching a self-operated courier service in the country as it extends its footprint in the Middle East. On Wednesday, logistics arm JD Logistics announced the launch of JoyExpress, a business-to-consumer express delivery service that covers most of the 13 provinces in the Middle Eastern country, according to a statement. JoyExpress provides expedited same-day and next-day delivery services for local e-commerce platforms, as well as online and offline merchants. It also delivers end-to-end logistics and supply chain solutions, including cross-border shipping and customs clearance, to facilitate global trade. JD Logistics said it was building a wider local logistics network with warehouses, sorting centres, and delivery stations, supported by an in-house team of couriers, drivers, warehouse staff, and customer service personnel to strengthen its courier service. People walk past the Meituan booth at the World Robot Conference in Beijing, August 18, 2022. Photo: Reuters 'We look forward to expanding JoyExpress across the Kingdom [of Saudi Arabia], bringing our industry-leading large-item delivery and installation capabilities to the market,' Charlie Peng, Jingdong Logistics' Middle East market head, said in the statement. He added that the move marked 'a key milestone' in international expansion in Saudi Arabia.
Time of India
3 days ago
- Business
- Time of India
JD.com looks to international market for growth
JD Logistics announced on Wednesday the launch of JoyExpress in Saudi Arabia , marking the first time the logistics arm of Chinese e-commerce giant will operate its own consumer-focused express delivery service abroad. Known for its self-built warehousing and delivery network in China, JD Logistics operates over 3,600 warehouses in its home country. JoyExpress extends this self-operated model overseas, and will offer delivery services as fast as the same-day in Saudi Arabia, according to JD Logistics. The expansion may mark the first step in renewed international push for growth, according to the company's founder and chairman Richard Liu . Growth at home has been harder to come by for e-commerce giants, as consumer confidence hit by China's protracted property crisis and wage growth concerns add to deflationary pressures. Liu held a sharing session in Beijing on Tuesday in which he emphasized the importance of the global market for future growth and a likely acceleration of the pace of its overseas forays in the near future. "We have been working in Europe for three years, and the logistics infrastructure there is now basically in place. However, it's still not enough," he said, according to local media reports. Liu described the past five years as "lost" for and emphasized the need for the company to compete with Chinese food delivery giant Meituan in new areas, ranging from food delivery to travel booking. JD launched JD Takeaway, a direct competitor to Meituan, earlier this year and Meituan has also expanded to Saudi Arabia in recent years. "It's really regrettable that in the past five years, hasn't introduced anything new. These past five years can be described as a period of decline for us," he said. Liu also revealed plans to apply for stablecoin licenses in major currency countries globally. The goal is to facilitate foreign exchange between global enterprises, reducing the cost of cross-border payments by 90% and increasing efficiency to within 10 seconds. Last year, the Hong Kong Monetary Authority (HKMA) announced that JINGDONG Coinlink Technology Hong Kong, a wholly-owned subsidiary of JD Technology, has joined its stablecoin issuer sandbox, which is a framework set up by the HKMA to convey regulatory expectations to institutions that are interested in issuing stablecoins in Hong Kong.
Reuters
3 days ago
- Business
- Reuters
China's JD launches first international self-operated express delivery service
BEIJING, June 18 (Reuters) - JD Logistics ( opens new tab announced on Wednesday the launch of JoyExpress in Saudi Arabia, marking the first time the logistics arm of Chinese e-commerce giant ( opens new tab will operate its own consumer-focused express delivery service abroad. Known for its self-built warehousing and delivery network in China, JD Logistics operates over 3,600 warehouses in its home country. JoyExpress extends this self-operated model overseas, and will offer delivery services as fast as same-day in Saudi Arabia, according to JD Logistics.
