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China's JD.com enters into cold-chain tie up with Yamato Holdings
CHINESE e-commerce company JD.com has signed a memorandum of understanding with Japanese logistics company, Yamato Holdings, to set up a cold-chain logistics network in China.
According to JD.com, the two companies will jointly develop and implement technologies for unmanned warehouses, autonomous driving, artificial intelligence and big data technologies, reported New York's Air Cargo World.
JD.com's chairman and CEO, Richard Liu said expanding cooperation between the two firms "into areas like cold-chain logistics, and leveraging Yamato's [freight forwarding] reach into international markets beyond Japan made it even easier for our international brand partners to sell to China and tap into JD's base of 236.5 million active customers".
The partnership will make it easier for JD.com to sell in-demand Japanese goods in the Chinese market, using Yamato's logistics network. The Chinese retailer will also start exporting Japanese products to markets with Yamato.
According to JD.com, the two companies will jointly develop and implement technologies for unmanned warehouses, autonomous driving, artificial intelligence and big data technologies, reported New York's Air Cargo World.
JD.com's chairman and CEO, Richard Liu said expanding cooperation between the two firms "into areas like cold-chain logistics, and leveraging Yamato's [freight forwarding] reach into international markets beyond Japan made it even easier for our international brand partners to sell to China and tap into JD's base of 236.5 million active customers".
The partnership will make it easier for JD.com to sell in-demand Japanese goods in the Chinese market, using Yamato's logistics network. The Chinese retailer will also start exporting Japanese products to markets with Yamato.
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