JD Stock Rises as JD Logistics Expands Southeast Asia Services

1 day ago

JD.com (JD, Financial) shares increased by over 1.3% in pre-market U.S. trading, reaching $40.9. This rise follows the announcement from JD Logistics regarding the expansion of their services in Southeast Asia.

The expansion includes services in countries such as Singapore, Malaysia, Thailand, Vietnam, Indonesia, the Philippines, and Brunei. To support this growth, JD.com operates multiple self-operated overseas warehouses in Southeast Asia and plans to expand globally to 80 major countries and regions by the end of the year.

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