JD LOGISTICS collaborates with South Korean e-commerce platform 11Street to introduce South Korean merchants to Chinese consumers

AASTOCKS
2026.02.13 01:22

According to South Korean media reports, JD Logistics (02618.HK) has signed a strategic cooperation memorandum with the South Korean e-commerce platform 11Street to introduce products from 11Street platform merchants to be sold in China. The project is expected to launch in the first half of the year, allowing 11Street merchants to settle on JD Global.

11Street will simplify the onboarding process and customs clearance procedures, as well as reduce logistics cost burdens, while JD Logistics will be responsible for the entire logistics process, including warehousing, customs clearance, and last-mile delivery.

Additionally, it is rumored that JD, Haier, Hisense, and TCL have signed a strategic cooperation agreement, further clarifying the strategic goal of achieving a total online and offline sales volume of 180 billion RMB on JD