Core Insights - JD Logistics announced the acquisition of its wholly-owned subsidiary engaged in local instant delivery services from JD Group for $270 million, aimed at enhancing its "last mile" delivery capabilities and expanding its integrated supply chain solutions [1] - The acquired instant delivery business, originally part of Dada Group, offers rapid delivery services across over 2,000 counties and districts in China, providing a vast array of products to consumers [1] - The acquisition is expected to improve JD Logistics' operational efficiency and customer experience, ultimately reducing logistics costs across the society [1] Summary by Sections Acquisition Details - JD Logistics will acquire the local instant delivery business for $270 million, which will strengthen its delivery capabilities and service offerings [1] - The instant delivery business has a strong market presence, with high service quality and volume, positioning JD Logistics favorably in the industry [1] Business Expansion - The acquisition will allow JD Logistics to better integrate resources, enhancing fulfillment capabilities and operational efficiency [1] - The instant delivery business has accumulated a significant customer base, presenting cross-selling opportunities that could lead to increased business growth for JD Logistics [1] Service Quality Enhancement - JD Logistics has been actively developing its supply chain logistics services, introducing various high-quality services such as 211 timely delivery and integrated warehousing and distribution [2] - The acquisition is expected to further extend the service quality of JD Logistics in the instant delivery sector, supporting brands in achieving high-quality development in the instant retail industry [2]