JD Logistics Expands Ties with Dada Group

JD Logistics, Inc. (HK:2618) has released an update.

JD Logistics, Inc. has entered into new agreements with Dada Group for local on-demand freight services and operation support, aiming to enhance the company’s transportation and freight capacities. These agreements, which extend until the end of 2026, build on a pre-existing relationship and are expected to provide JD Logistics with cost-efficient and high-quality solutions to meet growing demands. The transactions fall within reporting and review requirements but do not require independent shareholder approval.

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