JD Indonesia to shutter in-house logistics ops amid exit rumors

JD.id, a joint venture by Chinese ecommerce firm JD.com and Provident Capital, will shut its logistics arm, JDL Express Indonesia, on January 22, according to an announcement on its website.

The announcement also said that JDL Express has stopped accepting new user registrations since January 1.

Tech in Asia has reached out to the company for comment.

JD.id offline store in Jakarta / Photo credit: JD.id

The development comes after a report said JD.com plans to exit Indonesia and Thailand in early 2023. JD.com has reportedly been looking for potential investors to buy out its businesses in both countries after recording losses in these markets.

Based on Tech in Asia‘s observation, JD.id offline stores in Jakarta recently started to empty their stock and are currently holding clearance sales. However, the company declined to comment when pressed by Tech in Asia.

See also: Can JD.com make a splash in SEA?

In December, JD.id laid off 30% of its staff, or around 200 employees, noting “the challenges of the rapidly changing business lately” as the reason behind the decision.

JDL Express, previously known as J-Express, had 11 warehouses, more than 250 drop points, and more than 3,000 couriers before it announced the closure.