Customers include JD.com and Best Logistics.
Logistics facilities provider GLP, has signed leases totaling 87,000 square meters (sqm) with three industry leaders in China, the company said in a statement to the SGX.
With these leases, GLP is strengthening its collaboration with two key customers: JD.com, a leading e-commerce company and Best Logistics, a leading 3PL provider in China. Both of them are among GLP’s largest customers by leased area in China.
GLP has also established one new customer relationship with an e-commerce company selling auto parts. All the customers will utilize the space to meet the increasing demand from domestic consumption, GLP said.
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