China’s e-commerce frenzy has pushed online retail giants such as JD.com to develop and acquire logistics facilities to sustain profits. Photo: Reuters

With eye on Asia’s growing online retail sector, JD.com buys US$306 million stake in logistics company ESR

China’s second-largest logistics company, ESR owns and operates more than 10 million square metres of warehouse space across China, Japan, Korea and India

Topic |   JD.com

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China’s e-commerce frenzy has pushed online retail giants such as JD.com to develop and acquire logistics facilities to sustain profits. Photo: Reuters
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