Jingdong will officially acquire deppon express and add "jingbangda" to the logistics sector
April 9th, 2022

Bullwhip news on March 3, according to Xinyan finance and economics, JD will officially acquire deppon express in the near future.

On January 6, 2022, there was a rumor that JD logistics had acquired deppon express. At that time, deppon responded that the news was untrue. A popular screenshot shows that: deppon internal officials announced the acquisition, deppon express chairman and general manager Cui Weixing will quit, and JD will appoint senior executives to take over. Cui Weixing announced the matter at the breakfast meeting on February 28.

On March 2, for the news of JD’s acquisition of deppon express, deppon responded that the official announcement shall prevail. It is worth noting that the trading of Debang shares was officially suspended on February 28.

In fact, JD group has been strengthening the logistics sector, one of its “troika” through mergers and acquisitions. A Jingdong Logistics person said that the two sides were in contact around 2019. But the end result was that JD acquired trans express.

Some netizens joked that after the acquisition of Debang, jingbangda (Jingdong, Debang and dada) was officially formed.

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