Jingdong Logistics External Income Accounted For Nearly 40% Of Services Over 200 Thousand Enterprises

A few days ago, Jingdong released the unaudited financial results in the third quarter of 2019. According to the financial report, the net income of Jingdong group in the third quarter of 2019 reached 134 billion 800 million yuan (about 18 billion 900 million US dollars), an increase of 28.7% over the same period last year. In the third quarter, the net profit attributable to common shareholders under the non US general accounting standards (Non-GAAP) was 3 billion 100 million yuan, up 160.6% over the same period last year.

As of September 30, 2019, the Jingdong's third party platform has more than 250 thousand contracted businesses; the Jingdong Logistics Group's outsourcing business has continued to expand rapidly, and has already served more than 20 000 business customers. The external revenue has accounted for nearly 40% of the total revenue of the logistics group.

As of September 30, 2019, Jingdong's logistics operations exceeded 650 warehouses, including the cloud storage area of Jingdong logistics management. The total area of Jingdong logistics warehousing is about 16 million square meters. At present, Jingdong logistics has put into operation 25 "Asia 1" intelligent warehouse, 70 different levels of robot warehouse.

According to relevant media, Jingdong's 11 double War newspaper released by logistics showed that the income of Jingdong's non Jingdong platform business increased 150% compared to 24 at 11 hours.

According to official data, relying on the supply chain industry platform, the volume of Jingdong logistics B2B business grew by over 270% over the same period, the cold chain business volume increased by 215% over the same period last year, and the number of cloud receipt business received more than 4 times over the same period, and the personal express business grew by nearly 8 times over the same period.

At the same time, Jingdong logistics first 5G intelligent logistics park in China, intelligent warehouse processing orders increased by 108% over the same period. In terms of distribution time, the proportion of self run orders reached 24 hours to 92%, and reached 24 hours in 90% districts and counties nationwide.