$49 per month*
.
Subscribe to Pro or Enterprise plans to unlock this feature.
Subscribe to Pro or Enterprise plans to unlock this feature.
Become a smarter investor today.
Become a smarter investor today.
The statistics highlights JD.com’s Number of Warehouses, reported on a quarterly basis from Q1 2016 onwards.
Period | 2022 Q1 | 2022 Q4 | 2023 Q1 | YoY Growth (2023 Q1) |
Warehouses count – Total | 1,400.0 | 1,500.0 | 1,500.0 | 7.14% |
According to the data presented, JD.com started the first quarter of 2022 with 1,400 warehouses. The corporation had made tremendous progress by the end of the year, constructing 100 more warehouses, bringing the total number to 1,500 by 2022 Q4. JD.com’s focus on improving logistics capabilities to better serve its growing client base was seen in the 7.14% increase in warehouse count.
A Strong Start in 2023: As the new year began, JD.com maintained its lead with 1,500 warehouses in the first quarter of 2023. Although the number stayed identical to the previous quarter, it demonstrated the company’s dedication to maintaining efficient logistical operations. A consistent warehouse count reinforces JD.com’s reputation for dependable and quick deliveries.
JD.com’s consistent focus on customer happiness has been a driving force behind its growth. By extending its warehouse count, the company ensures an ever-growing inventory of products, allowing clients to choose from a vast range. Furthermore, the upgraded logistical infrastructure enables same-day and next-day deliveries, significantly improving the consumer experience.
The additional warehouse count benefits JD.com’s diverse business categories, which include electronics, clothes, home appliances, and more. The considerable storage capacity enables improved inventory management, reducing stockouts and assuring a steady supply of items across many categories. The level of operational efficiency strengthens JD.com’s market position. Which leads to the top choice for millions of users.
About the Company
JD.com, commonly known as Jingdong, is a major Chinese e-commerce company started in 1998 by Richard Liu Qiangdong. With its headquarters in Beijing, the company has emerged as one of the largest B2C online merchants in China and abroad.
JD.com’s business concept relies on offering a wide choice of products to millions of customers, including electronics, clothes, home appliances, and more. The company is well-known for its dedication to original and high-quality products, backed up by prompt shipping and customer care.
JD.com has created a huge logistics network using cutting-edge technologies, providing fast and dependable deliveries even in remote places. The corporation has expanded its offerings to include banking, technology, and cloud computing, cementing its position as an industry leader.
Did you like JD.com’s Number of Warehouses statistic?
Access more such KPI data points and segment financials on thousands of US stocks, with Business Quant.
You can get started here.
Always know what you’ll pay. No hidden costs or surprises.
* Billed annually, local taxes extra.
* Local taxes extra.
.