0210 GMT - JD Logistics' on-demand delivery segment expansion is likely to support solid revenue growth, DBS Group Research analysts write in a note. The logistics service provider is accelerating its supply-chain enhancements, which should strengthen its service capabilities, they say. Its moves to improve operational efficiency, such as increasing its transportation capacity, should also help to drive up its earnings, the analysts add. While JD Logistics should benefit from the wider JD group's support, the expansion of the logistics company's external customer base would be key to the company's long-term outlook, they add. DBS maintains its buy rating and HK$18.00 target price on JD Logistics, which is up 0.7% at HK$13.74. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
March 15, 2026 22:10 ET (02:10 GMT)
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