京东物流：调研要点-布局海外市场；AI 与自动化驱动成本效率提升；买入

24 November 2025 | 11:38PM HKT Equity Research JD Logistics (2618.HK): Internet Trip Takeaways: Investments into overseas; AI & automation to drive cost efficiencies: Buy We hosted JD Logistics' Investor Relations team with investors in Beijing on Nov 24 as part of our China Internet Trip. Key investor focuses/topics discussed include: 1) Steady overseas investment cadence into FY26, where the company currently has a total of overseas warehouse floor area of 1.3mn square meters across 130+ warehouses, achie ...