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<Research>Nomura: JD LOGISTICS Hiring Full-Time Delivery Riders Enhances JD-SW's Food Delivery Service Quality
In response to the development of JD-SW's (09618.HK) (JD.US) food delivery business, JD LOGISTICS (02618.HK) announced that it will begin recruiting full-time riders for the de...
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<Research>Nomura: JD LOGISTICS Hiring Full-Time Delivery Riders Enhances JD-SW's Food Delivery Service Quality
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In response to the development of JD-SW's (09618.HK)  0.000 (0.000%)    Short selling $197.60M; Ratio 21.109%   (JD.US)      food delivery business, JD LOGISTICS (02618.HK)  +0.380 (+3.002%)    Short selling $11.13M; Ratio 5.987%   announced that it will begin recruiting full-time riders for the delivery services.

For JD-SW, as Nomura wrote in its research report, deploying full-time riders through JD LOGISTICS can enhance the quality and timeliness of delivery services, improving the user experience of its food delivery business. As subsidies subside in the future, service experience will be a key factor for user retention.

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Nomura gave JD LOGISTICS a Buy rating with a target price of HKD15.3.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-27 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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