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China Logistics and Purchasing Federation: The e-commerce logistics Index for December 2024 is 112.7 points, a decrease of 2.8 points compared to the previous month.
The overall Logistics Business volume Index of e-commerce has somewhat decreased. In December, the overall Logistics Business volume Index for e-commerce was 130.9 points, a drop of 3.2 points from the previous month.
Nomura Adjusts JD Logistics' Price Target to HK$15.70 From HK$17.80, Keeps at Buy
[Brokerage Focus] Citigroup cuts JD.com Logistics (02618) Target Price by 5.26%. Net income margin for last year's fourth quarter is expected to be lower than previously anticipated.
Gold Wo Financial News | Citigroup's Research Reports indicate that JD.com's Logistics (02618) is expected to announce its fourth-quarter results for 2024 in early March 2025. The bank predicts that its revenue will grow by 7% year-on-year to 50.5 billion yuan, which is roughly in line with Bloomberg's expectation of 50 billion yuan. Due to factors such as market share expansion, sales personnel incentives, and increased capacity, despite being the peak season, the net income margin (NPM) for the fourth quarter of 2024 may contract on a quarter-on-quarter basis, expected to be 4.2%, lower than previous expectations, while the adjusted profit is around 1.9 billion yuan, higher than the market's general expectation of 1.7 billion yuan. The bank
JD Logistics Grants Over 7 Million Employee Shares
Volume increases and prices remain low as the express delivery industry competes to reduce costs. The application of autonomous vehicles and Drones is expected to accelerate next year | Year-end review.
① Since the beginning of the year, the growth rate of express delivery volume has exceeded 20%; the operating situation of "the two logistics giants and one delivery company" in the first 11 months shows volume increase and low prices, with ZTO achieving year-on-year revenue growth per package in Q3. ② Industry insiders say that the growth rate of express delivery volume will still be double-digit in the next 1-2 years. It is expected that next year, Drones and unmanned vehicles will accelerate their application in various express delivery scenarios, further reducing social Logistics costs.
Market Chatter: JD.com Buys Two Warehouses in Japan for 35 Billion Yen
