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<Research>CLSA: JD LOGISTICS (02618.HK) Participation in Food Delivery Services to Help Improve LT Profitability
JD LOGISTICS (02618.HK) announced that it has begun recruiting full-time riders to participate in JD Food Delivery's services as JD-SW (09618.HK) and its subsidiary JD Food Del...
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<Research>CLSA: JD LOGISTICS (02618.HK) Participation in Food Delivery Services to Help Improve LT Profitability
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JD LOGISTICS (02618.HK)  +0.420 (+3.318%)    Short selling $16.63M; Ratio 6.226%   announced that it has begun recruiting full-time riders to participate in JD Food Delivery's services as JD-SW (09618.HK)  +0.200 (+0.154%)    Short selling $445.73M; Ratio 21.265%   and its subsidiary JD Food Delivery expand, according to CLSA's research report.

The new business will start contributing to revenue growth from 3Q25, while according to JD LOGISTICS' management, it will not have a significant impact on net profit.

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Due to the synergy between food delivery services and last-mile parcel delivery services, it is expected that in the long run, the new business will become another driver for profit improvement, the broker noted.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-27 16:25.)

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