JD Logistics expands into food delivery market

JD Logistics, Inc. (HKEX:2618) announced its expansion into the food delivery business. The move involves recruiting full-time riders to support JD Food Delivery, a subsidiary or affiliated entity of JD.com, Inc. (HKD 9618; RMB 89618). The company expects the new service to broaden its solutions, create synergies with its existing last-mile delivery services, and improve operational efficiency. Shareholders and potential investors are advised to exercise caution when dealing in JD Logistics' shares. The announcement was made by order of the Board, with Mr. Wei Hu, Executive Director, as the signatory.