Fives signs a significant cooperation agreement with JD.com attented by the French President of Republic
January 9, 2018, during the first state visit of Emmanuel Macron to China, Frédéric Sanchez, Chairman of the Executive Board of Fives, has signed a strategic agreement with China’s largest online retailer JD.com with a total value of over Euro 100 million.
With this alliance, JD.com will introduce Fives’ advanced sorting technology into its warehouses to enhance its existing logistics infrastructure.
This strategic cooperation between the groups Fives and JD.com which is the major cooperation in innovative smart logistic under the background of comprehensively strengthening the economic and trade cooperation between France and China, will promote international and long-term development of e-commerce.
In China, Fives is committed to connecting between ”The industry of the future” and “Made in China 2025”, promoting the cooperation among the French and Chine enterprises.