Bloomberg: JD.com setting up for Thailand expansion

|About: JD.com (JD)|By:, SA News Editor

JD.com (JD +3.9%) is building infrastructure for an expansion into Thailand in coming months, Bloomberg reports.

It's building fulfillment centers there and will deploy a delivery fleet in Bangkok while tapping third parties to help with deliveries in other parts of the country.

Most of its current 15-warehouse capacity is dedicated to importing goods into China. Some 85% of packages through its own network in Indonesia are now delivered within 24 hours.

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