JD(US:JD) Xin Lang Ke Ji·2025-11-07 06:57Core Insights - The main point of the article is that JD.com aims to significantly reduce China's social logistics costs, which are currently high compared to developed countries, by optimizing logistics operations and leveraging technology [1][2]. Group 1: Logistics Cost Analysis - JD.com entered the logistics industry due to China's social logistics costs being significantly higher than those in developed countries, primarily due to disorganized movement of goods and excessive handling [1][2]. - In 2006, China's social logistics costs accounted for over 18% of GDP, while in developed countries like the US and Europe, this figure was only 6-8%, and Japan's was below 6% [1][2]. - JD.com believes that by reducing logistics costs from over 14% to below 10% of GDP within five years, it could save enterprises trillions in net profits annually, which would foster technological advancement and improve employee wages [2]. Group 2: JD.com's Logistics Strategy - Since 2007, JD.com has been building its logistics system, focusing on warehousing and distribution, and has established a nationwide logistics network with over 3,600 warehouses and more than 660,000 frontline employees by mid-2025 [2]. - JD.com emphasizes minimizing handling and transportation distances by placing products closer to consumers, which is expected to significantly lower social logistics costs [2]. - The company is the only one in the industry that fully pays social insurance and housing funds for all frontline employees, including couriers and full-time riders [2].