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JD.com Group Signs Strategic Cooperation Agreement with Silk Road Fund to Jointly Promote Global Supply Chain Upgrade
Recently, JD.com Group, JD Industrial Development, and the Silk Road Fund signed a strategic cooperation agreement. The two sides will jointly expand collaboration in overseas investment and investment synergy. According to the agreement, the Silk Road Fund will support JD.com’s “going global” strategy through various forms such as direct and indirect investments, providing “going global” investment services for JD.com and its subsidiaries or mutually approved partners. JD Industrial Development will work with the Silk Road Fund to evaluate, invest in, and develop overseas logistics infrastructure projects in regions such as the Middle East and Asia-Pacific. By building high-standard supply chain infrastructure, they aim to reduce logistics costs and operational risks for Chinese enterprises entering overseas markets, jointly promoting the upgrade of global supply chains. (People’s Financial News)