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Zhitong
2024.09.27 01:52
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Market Insight | JD LOGISTICS Surges Over 8% Again, Reports of Alibaba and JD Opening Up Payment and Logistics to Each Other

JD LOGISTICS rose by over 8%, reaching an increase of 8.35% at the time of publication, closing at HKD 12.46 with a turnover of HKD 131 million. In terms of news, recently, according to LatePost, Alibaba-SW's brand Taobao Tmall is set to officially integrate with JD Group-SW's JD Logistics, expected to go live in mid-October. After this integration, Taobao Tmall merchants will have the option to choose JD Logistics as a shipping method. At the same time, JD will also integrate with Cainiao Express and Cainiao Post Stations - both are Cainiao's self-operated express delivery brand and parcel collection sites. Additionally, JD will officially integrate with Alipay payment, expected to be launched before Double 11. Currently, when consumers place orders on JD, the default payment method sequence is JD Pay, UnionPay QuickPass, WeChat Pay, and so on. It is reported that both parties have reached agreements on logistics and payment cooperation today

According to the financial news app Zhitong Finance, JD Logistics (02618) surged over 8% again, rising by 8.35% to HKD 12.46 with a turnover of HKD 131 million as of the time of publication.

On the news front, recently, according to LatePost, Alibaba-SW's brand Taobao Tmall is set to officially integrate with JD Group-SW's JD Logistics, expected to go live in mid-October. After this integration, Taobao Tmall merchants will have the option to choose JD Logistics as a shipping method within the system. At the same time, JD will also integrate with Cainiao Express and Cainiao Post Stations - both of which are Cainiao's self-operated express delivery brand and parcel collection sites.

In addition, JD will also officially integrate with Alipay payment, expected to be launched before Double 11. Currently, when consumers place orders on JD, the default payment method sequence is JD Pay, UnionPay QuickPass, WeChat Pay, and so on. It is reported that both parties have reached agreements on logistics and payment cooperation today

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