JD Logistics Sees Year-on-Year Doubling of Order Volume Processed by Global Overseas Warehouses During 'Black Friday'
Stock Performance: JD Logistics (02618.HK) experienced a slight decline of 0.416% in stock price, with short selling amounting to $16.72 million and a ratio of 20.264%.
Order Volume Growth: The company reported a significant increase in order volume processed by its global overseas warehouses during Black Friday and Cyber Monday, with overall growth doubling year-over-year.
Regional Highlights: Notable increases in order volume included a 60% rise in North America, an 85% increase in Europe, and a remarkable 150% growth in the Asia-Pacific region.
Middle East Expansion: JD Logistics also saw multiple-fold growth in its JoyExpress and overseas warehouse orders in the Middle East, indicating expanding market reach.
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Strategic Partnership: JD LOGISTICS has signed a memorandum of understanding with South Korean e-commerce platform 11Street to facilitate the introduction of 11Street's products to the Chinese market, with a launch expected in the first half of 2026.
Logistics and Onboarding Support: The partnership will streamline the onboarding and customs clearance processes for 11Street merchants, while JD LOGISTICS will manage logistics operations, including warehousing and last-mile delivery.
JD Airlines Launch: JD Logistics' subsidiary, JD Airlines, has initiated a regular international cargo route connecting Wuhan and Bangkok.
First Flight Details: The inaugural flight, utilizing a B737-800BCF freighter, departed from Wuhan Tianhe International Airport carrying cross-border e-commerce parcels and high-value electronic products.
Company Announcement: JD Logistics' subsidiary, JD Airlines, has launched a dedicated air cargo route for transporting beef and mutton from Xining, Qinghai Province.
Logistics Improvement: This new route aims to enhance the efficiency and freshness of beef and mutton distribution from Northwest China to major consumption areas across the country.

New Warehouse Opening: JD LOGISTICS has opened a new logistics warehouse in Changle County, Weifang, Shandong Province, covering over 14,000 square meters.
Operational Capacity: The warehouse can store nearly 100,000 SKU products and is capable of processing more than 20,000 outbound orders daily.
US Market Performance: US bank stocks were weak, with the DJIA dropping 42 points, while Hong Kong's stock market also opened lower, reflecting a slight decline across major indices.
Alibaba's AI Launch: Alibaba's Qianwen platform is set to introduce an "AI life assistant" that simplifies ordering takeout and finding restaurants through single-sentence commands.
TRIP.COM Investigation: TRIP.COM is under investigation for suspected monopolistic practices, leading to a significant drop in its stock price, with its ADR falling 17% overnight.
Strategic Partnerships in Logistics: J&T Express and SF Holding have entered a strategic cross-shareholding agreement worth HK$8.3 billion, resulting in positive stock performance for both companies.

Profit Forecast: BofA Securities predicts JD LOGISTICS' 4Q25 non-IFRS net profit to grow by 1% YoY to RMB2.254 billion, but expects a 4% YoY decline for the entire year of 2025, falling short of previous growth guidance.
Market Challenges: The report cites profit margin pressure in 4Q25 due to increased competition in the less-than-truckload transportation market and one-time losses.
Target Price Adjustment: BofA Securities has lowered its target price for JD LOGISTICS from HKD16 to HKD15 while maintaining a Buy rating, highlighting the company's attractive valuation.
Short Selling Data: As of January 6, 2026, JD LOGISTICS has reported short selling of $11.68 million with a ratio of 23.423%.







