Chinese online retailer JD.com JD -3.86% is staking a claim in China’s intensely competitive package-delivery market by opening its logistics network to parcels shipped by consumers and businesses. “This marks the next step in leveraging the nationwide logistics network that JD has built over the past decade,” Zhenhui Wang, chief executive of JD Logistics, said in a statement. Alibaba relies on carriers such as ZTO and SF Express, China’s biggest package-delivery firm. JD.com’s homegrown distribution network now includes 15 logistics parks, more than 500 warehouses, nearly 7,000 delivery and pickup stations, and a quarter-million transportation and delivery vehicles, including some operated by partners. JD.com already sells its logistics and distribution services to corporate customers such as Unilever PLC, and provides courier service for businesses that want to access its network.

Source: Wall Street Journal October 18, 2018 03:22 UTC