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JD LOGISTICS Partners with 11Street to Introduce S Korean Merchants to CN Consumers
Recommend 11 Positive 19 Negative 4 |
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JD LOGISTICS (02618.HK) entered into a strategic memorandum of understanding (MOU) with South Korean e-commerce platform, 11Street, to introduce products from 11Street's platform merchants to China, according to Korean media. The project is expected to launch in 1H26, allowing 11Street merchants to settle in JD Worldwide. 11Street will simplify the onboarding and customs clearance processes and reduce logistics costs, while JD LOGISTICS will handle the entire logistics process, including warehousing, customs clearance and last-mile delivery. AASTOCKS Financial News Website: www.aastocks.com |
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