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Stock impact report

Pandemic pushes Chinese tech giants to roll out more courier robots [Reuters]

JD.com, Inc. - American Depositary Shares (JD) 
Last jd.com, inc. - american depositary shares earnings: 3/2 05:03 am Check Earnings Report
US:NASDAQ Investor Relations: ir.jd.com
Company Research Source: Reuters
A person inputs a code on a screen of an autonomous delivery vehicle by JD Logistics, the delivery arm of JD.com, as he tries to pick up goods, in Beijing, China September 22, 2021. Picture taken September 22, 2021. REUTERS/Tingshu Wang The firms expect to operate over 2,000 robots between them by 2022, up about four-fold from now, their executives said, encouraged also by falling costs of making robots. Millions of couriers still deliver packages for as less as 3 yuan ($0.47) in China, but companies have been exploring the use of drones or box-like robots on wheels from as early as 2013 amid a labour crunch that has worsened due to the pandemic. Beijing has also ordered firms to ensure rest periods here for couriers as they scramble to meet rising demand and deadlines. “The COVID-19 pandemic has been a big boost” for robot rollout plans, said Xia Huaxia, chief scientist at Meituan. The food-delivery giant launched its robot service in February 2020 when infections were hig Show less Read more
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