Drivers move parcels from a delivery truck to their own vehicles at a JD Logistics distribution station in Chaoyang district, Beijing, on February 26, 2021. Photo: Minghe Hu
JD Logistics IPO: How the company’s delivery army spurred the rise of Richard Liu’s multibillion-dollar empire
- JD Logistics, slated for a Hong Kong listing, employs hundreds of thousands of full-time couriers and millions more contract workers
- The massive delivery crew is known for its reliable and speedy services, but also accounts for one of the company’s largest expenditures
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Drivers move parcels from a delivery truck to their own vehicles at a JD Logistics distribution station in Chaoyang district, Beijing, on February 26, 2021. Photo: Minghe Hu