Chinese e-commerce platform JD.com announced on June 26 that the company has signed a strategic agreement with China Eastern Airlines to cooperate on air freight, passenger transport, brand marketing, corporate procurement, membership management, information digitization and more.
Shanghai-based China Eastern will help JD, considered the Amazon of China, build an air transfer center and a warehouse, and jointly create a cross-border logistics network as well as an integrated domestic and international warehouse service.
JD said that the two companies complement each other in strategic positioning and other aspects. The e-commerce giant spun off its logistics arm for independent operation in late April to bring in more partners to jointly set up a value network of logistics, e-commerce, finance, insurance, data and technology so as to lower supply chain costs.
Through the tie-up with China Eastern, JD intends to enhance its air logistics operation and strengthen the business on its corporate procurement platform, specifically in the area of corporate travel management. China Eastern, on the other hand, will gain new profitable areas for its newly revamped logistic unit.
JD launched its corporate travel management platform in April 2016. (Translated by Jerry)