JD Logistics declares that rumors of phones worth over a billion yuan being burned are false
On November 15th, JD Logistics released a statement regarding the fire in Wuxi Logistics Park, which showed that there have been rumors on the internet recently that "phones worth over a billion yuan were burned down". After investigation, it was found that these rumors were all fabricated.
The warehouse on fire belongs to the inventory warehouse
Store items with low value
On November 12th at 22:00, Warehouse No. 5 of Phase II of Yupei Logistics Park in Wuxi caught fire. After the firefighters made every effort to extinguish the fire, it was quickly brought under control and extinguished without causing any casualties or spreading to surrounding warehouses. The cause of the fire is still under investigation.
Since the above-mentioned warehouse caught fire, rumors have been circulating online about "phones worth over a billion yuan being burned," "the entire logistics park being unrecognizable," "all the packages in the logistics park being packed with flammable materials, including phone batteries," "temporary workers who use them for 12 hours and secretly smoke," and other issues.
In a statement, JD Logistics denied this and explained that the warehouse where the fire broke out is an inventory warehouse, not a sorting operation warehouse. There are no mobile phones or any express packages stored, and the items stored are low value items such as daily necessities.
At present, the logistics park that caught fire has gradually resumed normal operations. It is reported that JD Logistics Park, as an important warehousing and distribution hub of JD Logistics, is an important support for the smooth development of JD's e-commerce business.
Q3 2024 performance surge
The warehousing network covers almost all counties and districts in the country
According to the official website, JD Group has been building its own logistics since 2007, officially established JD Logistics Group in April 2017, and listed on the Hong Kong Stock Exchange in May 2021.
Integrated supply chain logistics services are the core track of JD Logistics, currently focusing on six major industries including fast-moving consumer goods, clothing, home appliances and furniture, 3C, automobiles, and fresh produce.
On November 14th, JD Logistics released a performance report showing that its non IFRS profit for the third quarter of 2024 was 2.573 billion yuan, a year-on-year increase of 205.1%.
As of September 30th, JD Logistics' warehousing network covers almost all counties and districts in China, including over 1600 warehouses operated by JD Logistics and over 2000 cloud warehouses operated by third-party owners on the cloud warehouse ecosystem platform. The total management area of JD Logistics' warehousing network exceeds 32 million square meters, including the management area of cloud warehouses on the cloud warehouse ecosystem platform.
On November 15th, the total market value of JD Logistics was HKD 93.84 billion.
