Jingdong, domestic e-commerce giant, recently acquired another piece of land in Jiading Industrial Zone of Shanghai.
The land is located in the northern area of the zone with an area of nearly 46,000 square meters. It is next to Jingdong’s warehouse and logistics center, known as “Asia One.”
Jingdong bought the land at a price of 34.45 million yuan ($5.61 million), which will be used for the second stage of its logistics center.
The Asia One warehouse of Jingdong covers an area of 120 mu (8 hectares) in Jiading Industrial Zone. After the project is completed, the construction area will reach 23,000 square meters. As an intelligent logistics center, the warehouse will apply advanced automatic logistics facilities to improve efficiency.