GLP and Jingdong further extended the partnership in China, and signed a new leasing agreement on 190,000 square meters (about 2 million square feet)

Time:Marcy 31 2015

On 03 31, 2015, Singapore -- GLP, the global leading modern logistics facility provider, and Jingdong Mall (hereinafter referred to as "Jingdong"), one of the biggest e-commerce companies in China, signed a leasing agreement on total 190,000 square meters (about 2 million square feet).

Jingdong will utilize facility optimization and expand distribution network, so as to satisfy the increasing demand on e-commerce in the country. According to the leasing area, Jingdong could be one of the biggest customers of GLP.

Yang Chuande, the president of GLP China, expressed, "We are glad to further extend the partnership with Jingdong in China. We notice that the strong market demand on GLP logistics facilities owes to the rapid growth of e-commerce in part. The cooperation announced today highlights the value provided by GLP network to customers, allowing them to improve the distribution capacity quickly. We look forward to supporting Jingdong to further expand business in China."