JD Global Expansion: Smart Retail in Xi’an and Strategic Logistics Growth

JINGDONG Property, Inc., also known as JD Property, is a leading and rapidly growing modern infrastructure investment and asset management company of JD.com, Inc. As the cornerstone of JD.com’s supply chain ecosystem, JINGDONG Property is equipped with deep insights into merchandise and logistics flows and has a unique ability to integrate business resources. Its business includes investment, development and asset management of logistics parks, business parks, data centers and others.

JD Convenience Store Launches in Xi’an

JD has launched a new type of Mini Shop known as JD Convenience Store in Xi’an, Shaanxi province. The size of the mini shop is about 15sq m and has been designed to be fully customisable, making them adaptable to different shopping scenarios including airports, train stations and hotels. The new mini shop provides a self-service shopping experience for professionals working close by to purchase ready-to-eat food and beverages, snacks and stationery and proceed with automated checkout, which supports facial recognition payment using JD’s technology.

To enhance digital integration, JD has also provided the mini shop with JD Convenience Store Go, a WeChat mini programme which allows customers to order products online to be delivered by the shop directly to the office.

Strategic Logistics Acquisition in Leicester, UK

JINGDONG Property announced the acquisition of a logistics property outside Leicester, strategically located in the UK’s logistics ‘Golden Triangle’. The portfolio includes two ‘big-box’ warehouses with an area of over 231,000 sq ft (~21,500 sqm) and an adjacent ‘oven-ready’ greenfield site that can be developed into modern industrial and logistics space of up to 678,000 sq ft (~63,000 sqm). The asset is well connected to the M1 and M69 motorways and offers access to a population of nearly one million within 20KM radius and 90% of UK population within 4 hours.

Regarding the quality of the assets, the existing warehouses have been developed to high ESG standards, featuring BREEAM Excellent and EPC A ratings, EV charging infrastructure, and cladding insulation with a BREEAM Green Guide ‘A+’ rating. Kai – yan Lee, Regional CEO for JINGDONG Property Europe and the Americas said, “Our new UK investment strengthens JINGDONG Property’s investment footprint in the market, and reflects our long-term commitment to supporting regional economic development.”

Expanding the Singapore Logistics Portfolio

In Southeast Asia, JINGDONG Property, EZA Hill And Major Institutional Investor Announce Acquisition of 1.9M Sq Ft Singapore Logistics Portfolio. The portfolio comprises four modern warehouses located in well-established logistics clusters across Singapore, supporting regional supply chains and the growing e-commerce fulfilment demand. The new investment significantly enhances JINGDONG Property’s presence in the thriving Southeast Asian logistics market where it currently owns assets in Singapore, Indonesia and Vietnam.

Richard Law, regional CEO and Head of Asia Pacific at JINGDONG Property said: “The acquisition reinforces our commitment to the Asia Pacific region and to Singapore in particular, a regional centre for high-quality logistics infrastructure.”

Summary of Key Asset Data

• Xi’an, China: JD Convenience Store (15sq m) featuring automated checkout and facial recognition technology.
• Leicester, UK: Logistics portfolio including 231,000 sq ft warehouses and a 678,000 sq ft development site.
• Singapore: 1.9 million square feet logistics portfolio consisting of four modern warehouses.
• UK Total Footprint: Expanded to nearly 3,930,000 sq ft (~365,000 sqm).