Prologis – 'Water is building behind the dam'
…when will it break?
© Shannon Fagan
Chinese e-commerce giant JD.com is set to expand overseas logistics operations, following a $550m cash investment from Google.
The two tech titans have formed a strategic partnership aimed at developing next-generation retail infrastructure in regions including South-east Asia, Europe and the US.
JD said this would be achieved by combining its supply chain and logistics expertise with Google’s technology strengths.
In South-east Asia, JD operates a mix of in-house and third-party logistics solutions, according to international communications director Lori Chao.
“We evaluate each market individually ...
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