GERMANY's DHL, the world's leading logistics company, and JD.com, China's largest online direct sales company, have signed an agreement to cooperate on a range of cross-border supply chain initiatives.
The plan is to leverage the two companies' expertise in logistics and e-commerce and further expand their relationship.
In July 2015, the two announced that DHL would be the preferred logistics service provider for moving American products ordered on JD.com's US Mall to and across China.
Under the terms of the agreement, DHL will become the preferred logistics supplier to JD.com's International Business Group, which focuses on consumers in markets outside of China.
JD.com will also become a strategic customer under DHL's Fast Growing Enterprises initiative and access logistics services across all DHL business units.
DHL will provide international express; air, ocean and road freight; warehousing; parcel delivery; e-commerce services and access to fulfilment distribution centres.
This includes local distribution services in key regions to support the global growth of JD.com internationally, including DHL express service between China and France.
"Supporting the evolving needs of China's online consumers will require in-depth knowledge of international transport, warehouse, and distribution," said DHL Express China chief.
"DHL is well positioned to address this with our leading-edge facilities and expansive global infrastructure, which includes 11 gateways in China covering major trading hubs and inter-city connections," he said.
"We are also present in more than 220 countries and territories worldwide, and supported by more than 325,000 employees," Wu said. "With 30 years of industry experience in China, we can provide the infrastructure and expertise that our valued partners like JD.com depend on to better service their customers."
Said JD.com president Victor Xu: "JD.com is setting the global standard for the e-commerce experience with our reputation for delivering high- quality products at amazingly fast speeds."
Source : HKSG.