Logistics give JD.com a leg up in China’s e-commerce battle

HONG KONG — When Huang Zhou was stuck at home in February due to the Covid-19 outbreak, Chinese e-commerce platform JD.com served a lifeline for her and her family in Guangzhou. Whenever she wanted to restock her cupboard or just have a bit of fruit, she placed an order with the online retailer without even checking anywhere else. Huang, after all, had little choice.

“All the e-commerce platforms in China suspended their delivery service during the lockdown, and JD.com was the only exception,” Huang said. Lured by its ability to move goods around despite disrupted transportation, the 37-year-old shopped on

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Asia logistics attracts billions as post-pandemic winner

TOKYO — As China shakes off the economic impact of the coronavirus outbreak, investors have flocked to funds focused on logistics facilities there and elsewhere in Asia, anticipating that growth in e-commerce will drive strong demand even after the pandemic.

Singapore-based GLP last month closed a $2.1 billion fund with a portfolio of 34 properties across 18 Chinese cities. Participants include seven Chinese institutional investors, six of which are new clients of the logistics expert, hinting at keen interest in the field as an investing theme.

The virus outbreak stalled Chinese real estate investment. Total deals in the first quarter

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