JD.com has announced the strategic partnership with COSCO Logistics to meet the growing demand for imported goods in Asia and around the world. The company opened its new office in Hong Kong for better execution.
The partnership will help JD.com to build better connect with international merchants and customers in Asia by delivering goods and services on time. With its Glocal approach, the company will be able to manage sales, warehousing, shipping and fulfillment to customers in Mainland China directly from Hong Kong. It also added that Sa Sa, Asia’s leading cosmetics retailer, will launch a flagship store on JD Worldwide.
The partnership with COSCO Logistics will help the JD.com in improving its warehousing and shipping facilities in the region.
COSCO Logistics will operate a dedicated Hong Kong-based warehousing facility for JD.com, which will be fully integrated with JD.com’s industry leading Warehouse Management System. COSCO Logistics will also manage the cross-border shipping process, including customs clearance, from the Hong Kong warehouse to JD.com’s fulfillment facilities in Mainland China, and will cater to both direct sales and third-party merchants. The partnership is expected to reduce average shipping time from Hong Kong to customers in Mainland China by three to four days.