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MarketScreener Homepage  >  Equities  >  Nasdaq  >  JD.com, Inc.    JD

JD.COM, INC.

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JD com : Cold Chain Logistics Helps Deliver Insulin to 4,900 Patients

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03/19/2020 | 03:04am EDT

by Ling Cao

JD helped to deliver over 1,300 cases of insulin to 4,900 diabetic patients during COVID-19.

The insulin, which was donated by a pharmaceutical factory, requires 2-8 ℃ temperature control throughout the entire delivery process. JD Logistics quickly coordinated its cold chain logistics capabilities to help with the delivery from Beijing to cities across China.

JD's medical warehouse at Asia No.1 logistics park in Beijing where medicine is packaged based on a strict packaging standard

'I worried that I would not to get the medicine in time because of the COVID-19, but it arrived so quickly, thanks to JD's fast delivery,' a patient based in Yantai, Shandong province said.

JD s is among the first group of logistics providers to enter the medical transportation industry in China. In building a high quality, integrated medical logistics network, JD is helping to solve industry pain points such as low shipping standards, and multiple logistics suppliers to be involved in a single delivery.

JD's supply chain management system and smart temperature control platform ensures that the whole supply chain is transparent and traceable. It can also provide tailored solutions corresponding to different temperature requirements.

Temperature monitoring during the whole process

As of now, JD has built medical cold chain sorting centers in seven cities across China, including Beijing, Shanghai and Guangzhou, etc. The service covers 28 cities.

(ling.cao@jd.com)

Disclaimer

JD.com Inc. published this content on 19 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 March 2020 07:57:10 UTC

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Financials
Sales 2020 711 B 99 951 M 99 951 M
Net income 2020 9 319 M 1 310 M 1 310 M
Net cash 2020 66 069 M 9 288 M 9 288 M
P/E ratio 2020 68,3x
Yield 2020 -
Capitalization 590 B 83 005 M 83 001 M
EV / Sales 2019
EV / Sales 2020 0,74x
Nbr of Employees 220 000
Free-Float 77,3%
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Mean consensus BUY
Number of Analysts 41
Average target price 420,06 CNY
Last Close Price 403,54 CNY
Spread / Highest target 18,0%
Spread / Average Target 4,09%
Spread / Lowest Target -17,0%
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NameTitle
Qiang Dong Liu Chairman & Chief Executive Officer
Nan Li Director-Strategy & Operations
Xuan De Huang Chief Financial Officer
Chi Ping Lau Director
Ming Huang Independent Director
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