Jayud Global Logistics to Provide Complete Supply Chain Solutions for iMile Within China
Jayud Global Logistics (NASDAQ: JYD) has announced a strategic partnership with iMile, a leader in logistics and last mile delivery services for emerging markets in the Middle East. This collaboration aims to provide comprehensive supply chain solutions for iMile across China, including air, sea, land, and customs services.
The partnership is positioned to capitalize on the rapidly expanding e-commerce market in the Middle East and North Africa (MENA) region, which is expected to nearly double by 2028 with a CAGR of 11.5%. The UAE's e-commerce revenue is projected to reach US$11,782.3 million in 2023, while Saudi Arabia's is expected to grow from US$8.53 billion in 2022 to US$20.01 billion by 2027.
Jayud will manage all logistical aspects of iMile's operations within China, aiming to enhance operational efficiency and reduce delivery times for Middle Eastern clients engaging with Chinese markets.
Jayud Global Logistics (NASDAQ: JYD) ha annunciato una partnership strategica con iMile, un leader nei servizi di logistica e consegna dell'ultimo miglio per i mercati emergenti in Medio Oriente. Questa collaborazione mira a fornire soluzioni complete per la catena di approvvigionamento per iMile in tutta la Cina, comprese le spedizioni aeree, marittime, terrestri e i servizi doganali.
La partnership è progettata per sfruttare il mercato dell'e-commerce in rapida espansione nella regione del Medio Oriente e del Nord Africa (MENA), che si prevede raddoppierà entro il 2028 con un CAGR del 11,5%. Si stima che il fatturato dell'e-commerce negli Emirati Arabi Uniti raggiunga 11.782,3 milioni di dollari nel 2023, mentre quello dell'Arabia Saudita è previsto crescere da 8,53 miliardi di dollari nel 2022 a 20,01 miliardi di dollari entro il 2027.
Jayud gestirà tutti gli aspetti logistici delle operazioni di iMile in Cina, mirando a migliorare l'efficienza operativa e ridurre i tempi di consegna per i clienti del Medio Oriente che interagiscono con i mercati cinesi.
Jayud Global Logistics (NASDAQ: JYD) ha anunciado una asociación estratégica con iMile, un líder en logística y servicios de entrega de última milla para mercados emergentes en Medio Oriente. Esta colaboración tiene como objetivo proporcionar soluciones integrales de cadena de suministro para iMile en toda China, incluidos los servicios de aire, mar, tierra y aduanas.
La asociación está posicionada para capitalizar el mercado de comercio electrónico en rápida expansión en la región de Medio Oriente y África del Norte (MENA), que se espera casi se duplique para 2028 con un CAGR del 11,5%. Se proyecta que los ingresos del comercio electrónico en los Emiratos Árabes Unidos alcancen 11,782.3 millones de dólares en 2023, mientras que los de Arabia Saudita se espera que crezcan de 8.53 mil millones de dólares en 2022 a 20.01 mil millones de dólares para 2027.
Jayud gestionará todos los aspectos logísticos de las operaciones de iMile en China, buscando mejorar la eficiencia operativa y reducir los tiempos de entrega para los clientes de Medio Oriente que interactúan con los mercados chinos.
Jayud Global Logistics (NASDAQ: JYD)는 중동의 신흥 시장을 위한 물류 및 마지막 마일 배송 서비스의 리더인 iMile와 전략적 파트너십을 발표했습니다. 이 협업은 중국 전역에서 iMile을 위한 종합적인 공급망 솔루션을 제공하는 것을 목표로 하며, 항공, 해상, 육상 및 세관 서비스가 포함됩니다.
이 파트너십은 중동 및 북아프리카(MENA) 지역의 급속히 성장하는 전자상거래 시장의 기회를 포착하는 데 목표를 두고 있으며, 이 시장은 2028년까지 거의 두 배로 증가할 것으로 예상되며 연평균 성장률(CAGR) 11.5%가 예상됩니다. UAE의 전자상거래 수익은 2023년 117억 8,230만 달러에 이를 것으로 예상되며, 사우디 아라비아의 경우 2022년 85억 3천만 달러에서 2027년 200억 1천만 달러로 성장할 것으로 예상됩니다.
Jayud는 중국 내 iMile의 운영에 대한 모든 물류 측면을 관리하여 중동 고객이 중국 시장과 연계될 때 운영 효율성을 높이고 배송 시간을 단축하는 것을 목표로 합니다.
Jayud Global Logistics (NASDAQ: JYD) a annoncé un partenariat stratégique avec iMile, un leader dans la logistique et les services de livraison du dernier kilomètre pour les marchés émergents au Moyen-Orient. Cette collaboration vise à fournir des solutions complètes de chaîne d'approvisionnement pour iMile à travers la Chine, y compris des services aériens, maritimes, terrestres et douaniers.
Le partenariat est positionné pour tirer parti du marché de l'e-commerce en rapide expansion dans la région du Moyen-Orient et d'Afrique du Nord (MENA), qui devrait presque doubler d'ici 2028 avec un CAGR de 11,5%. Les revenus du commerce électronique des Émirats arabes unis devraient atteindre 11 782,3 millions USD en 2023, tandis que ceux de l'Arabie saoudite devraient passer de 8,53 milliards USD en 2022 à 20,01 milliards USD d'ici 2027.
Jayud gérera tous les aspects logistiques des opérations d'iMile en Chine, visant à améliorer l'efficacité opérationnelle et à réduire les délais de livraison pour les clients du Moyen-Orient interagissant avec les marchés chinois.
Jayud Global Logistics (NASDAQ: JYD) hat eine strategische Partnerschaft mit iMile angekündigt, einem führenden Anbieter von Logistik- und Last-Mile-Lieferdiensten für Schwellenländer im Nahen Osten. Diese Zusammenarbeit zielt darauf ab, umfassende Lösungen für die Lieferkette für iMile in ganz China bereitzustellen, einschließlich Luft-, See-, Land- und Zollservices.
Die Partnerschaft soll vom schnell wachsenden E-Commerce-Markt in der Region Naher Osten und Nordafrika (MENA) profitieren, der bis 2028 voraussichtlich fast doppelt so groß sein wird, mit einer CAGR von 11,5%. Der E-Commerce-Umsatz der VAE wird für 2023 auf 11.782,3 Millionen USD geschätzt, während der Umsatz in Saudi-Arabien von 8,53 Milliarden USD im Jahr 2022 auf 20,01 Milliarden USD bis 2027 steigen soll.
Jayud wird alle logistischen Aspekte der iMile-Betriebe in China verwalten, mit dem Ziel, die Betriebseffizienz zu steigern und die Lieferzeiten für Kunden aus dem Nahen Osten, die mit dem chinesischen Markt interagieren, zu verkürzen.
- Strategic partnership with iMile to provide comprehensive supply chain solutions across China
- Targeting the rapidly growing MENA e-commerce market with 11.5% CAGR
- Expansion into markets with significant growth potential (UAE and Saudi Arabia)
- Leveraging Jayud's extensive logistics infrastructure and technological capabilities
- Potential for increased operational efficiency and reduced delivery times
- None.
Insights
The partnership between Jayud Global Logistics and iMile is a strategic move that taps into the rapidly growing MENA e-commerce market. With a projected
Key points to consider:
- The MENA region's
$3.9 trillion GDP underscores the market's potential. - UAE's e-commerce revenue is set to reach
$11,782.3 million in 2023, surpassing Belgium. - Saudi Arabia's e-commerce revenue is projected to grow from
$8.53 billion in 2022 to$20.01 billion by 2027.
This partnership could potentially accelerate cross-border e-commerce between China and the MENA region, streamlining logistics and reducing delivery times. For investors, this represents a strategic entry point into a high-growth market with substantial long-term potential.
Jayud's comprehensive supply chain solution for iMile is a game-changer in cross-border e-commerce logistics. By managing all aspects of iMile's operations within China, including procurement, warehousing, inventory management and multimodal transportation, Jayud is creating a seamless end-to-end solution that addresses the complexities of international e-commerce.
This integration has several advantages:
- Reduced operational complexity for iMile
- Potentially lower costs through economies of scale
- Faster delivery times, enhancing customer satisfaction
- Improved inventory management and reduced stockouts
The partnership's focus on streamlining customs processes is particularly noteworthy, as it can significantly reduce delays and uncertainties in cross-border shipments. This comprehensive approach could give both companies a competitive edge in the rapidly growing MENA e-commerce market.
While specific financial details are not provided, this partnership has positive implications for Jayud Global Logistics (NASDAQ: JYD). The collaboration with iMile opens up significant revenue opportunities in the fast-growing MENA e-commerce market. Key financial considerations include:
- Potential for increased revenue streams from comprehensive logistics services
- Improved asset utilization across Jayud's existing infrastructure
- Possible economies of scale, potentially improving profit margins
- Enhanced market position in cross-border e-commerce, a high-growth sector
Investors should monitor future financial reports for indicators of revenue growth and margin improvements resulting from this partnership. The scalability of this model could lead to similar partnerships, further expanding Jayud's market reach and financial performance. However, it's important to assess the initial capital investment required and the timeline for realizing returns from this strategic move.
Advancing Cross-Border E-commerce Logistics in a Market with
SHENZHEN, China, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Jayud Global Logistics Limited (NASDAQ: JYD) ("Jayud" or the "Company"), a leading end-to-end supply chain solution provider based in Shenzhen specializing in cross-border logistics, is pleased to announce a strategic partnership with iMile, a leader in logistics and last mile delivery services for emerging markets such as the United Arab Emirates and the Kingdom of Saudi Arabia. This collaboration is set to streamline logistics for iMile by providing comprehensive supply chain solutions across China, encompassing air, sea, land, and customs services.
MENA E-commerce: A Rapidly Expanding Frontier with an
The Middle East and North Africa (MENA) region is experiencing rapid growth in e-commerce, with the market expected to nearly double by 2028 compared to 2023, boasting a compound annual growth rate (CAGR) of
Jayud will leverage its extensive logistics infrastructure and technological capabilities through this partnership to manage all logistical aspects of iMile’s operations within China. This includes procurement, warehousing, inventory management, multimodal transportation solutions, and streamlined customs processes. The goal is to enhance iMile’s operational efficiency and reduce delivery times for their Middle Eastern clientele engaging in commerce with Chinese markets. This initiative strengthens the commercial ties between China and the Middle East and supports the growing demands of the e-commerce sector by ensuring that goods move more swiftly and reliably across international borders.
"This partnership with iMile represents a significant milestone in our mission to connect and simplify supply chain operations for businesses across the globe," said Xiaogang Geng, Chairman of the Board and CEO of Jayud. “Given the projected growth of the e-commerce market in the MENA region, our collaboration is well positioned to support this expansion, providing scalable and efficient logistics solutions. iMile’s strong presence in the Middle East, combined with our comprehensive logistics network in China, will provide unmatched efficiency and scalability to e-commerce platforms operating between these vibrant regions."
About Jayud Global Logistics Limited
Jayud Global Logistics Limited is one of the leading Shenzhen-based end-to-end supply chain solution providers in China, focusing on cross-border logistics services. Headquartered in Shenzhen, the Company benefits from the unique geographical advantages of providing a high degree of support for ocean, air, and overland logistics. The Company has established a global operation nexus featuring logistic facilities throughout major transportation hubs in China and globally, with footprints in 12 provinces in Mainland China and 16 countries across six continents. Jayud offers a comprehensive range of cross-border supply chain solution services, including freight forwarding, supply chain management, and other value-added services. With its strong service capabilities and research and development capabilities in proprietary IT systems, the Company provides customized and efficient logistics solutions and develops long-standing customer relationships. For more information, please visit the Company’s website: https://ir.jayud.com.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs, including the expectation that the Offering will be successfully completed. Investors can identify these forward-looking statements by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “believe”, “is/are likely to”, “potential”, “continue” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.
For more information, please contact:
Jayud Global Logistics Limited
Investor Relations Department
Email: ir@jayud.com
Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com
FAQ
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