As a leading technology-driven supply chain solution and logistics service provider in China, JD Logistics formally submitted its ipo application to the Hong Kong Stock Exchange on February 16 this year, with Bank of America Securities, Goldman Sachs and Haitong International as the co-sponsors. 2 May Post-hearing information set disclosed. Jingdong Logistics plans to launch a public offering from May 17 to May 21 and list in Hong Kong on May 28, according to sources.
As of December 31, 2020, JD Logistics operated more than 900 warehouses with a total warehousing area of about 21 million square meters, including the cloud warehouse area managed by JD Logistics, according to public data. It has built six major networks, including storage network, integrated transportation network, last-kilometer distribution network, bulk cargo network, cold chain network and cross-border network, which cover almost all regions, towns and populations in China and reach more than 220 countries and regions around the world.
In 2018, 2019 and 2020, JD Logistics revenue is 37.9 billion YUAN, 49.8 billion yuan and 73.4 billion yuan respectively, with year-on-year growth of 31.6% in 2019 and 47.2% in 2020. In Q1 of 2021, JD Logistics revenue is 23.3 billion yuan, with year-on-year growth of 63.6%. It continues to grow at a high rate. From the perspective of external income, the proportion of external customer income of JD Logistics has increased from 29.9% in 2018 and 38.4% in 2019 to 46.6% in 2020. The opening-up strategy launched since 2017 has achieved remarkable results.
At the same time, integrated supply chain revenue is the main component of JINGdong logistics revenue. In 2020, the revenue of JD’s integrated logistics supply chain accounted for 75.8% of the total revenue. Jd Logistics is the largest integrated supply chain logistics service provider in China, according to a research report. In 2020, JD logistics will serve more than 190,000 enterprise customers. Aiming at the differentiated needs of FMCG, clothing, home appliances, furniture, 3C, automobile and fresh food industries, JD Logistics has formed an integrated supply chain solution and deeply served many well-known brands such as Amway, Nestle, Xiaomi, Skecher and Mengniu.
Jingdong Logistics is one of the few enterprises in the industry that insist on paying five insurances and one housing fund for its employees. In terms of staff expenditure, jingdong Logistics spent a total of 26.1 billion yuan for front-line employees in 2020. According to the number of front-line employees disclosed in the prospectus at the end of 2020, the conservative estimate shows that the average annual expenditure of each employee is nearly 110,000 yuan and the monthly expenditure is nearly 9,000 yuan.
According to jd Logistics previously disclosed the fund-raising purposes, the next 12-36 months, the fund-raising will mainly be used to continue to upgrade and expand the six logistics network, maintain competitive advantages; To develop advanced technologies related to supply chain solutions and logistics services, including automation technology, data analytics and algorithms, and other underlying technologies; And to expand the breadth and depth of integrated supply chain solutions to reach existing customers and attract potential customers.
The text/Liu Kuang