bullish

JD Logistics

JD Logistics (2618 HK) - Asset Light Model Yet to Yield Higher Returns?

291 Views16 Feb 2022 14:37
JD Logistics does not directly invest in warehouse assets but instead leases them from JD, which theoretically confers "asset light" advantages. We examine whether such advantages have materialised.
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Jason Yap, CFA
Forensic Analyst
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