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JD China invests billion riyals in Saudi Arabia
JINGDONG Property, the largest retailer in China by revenue, has made substantial investments in Saudi Arabia exceeding one billion riyals since the beginning of 2025. The company has plans to develop projects in Jeddah and the Eastern Province during 2027 and 2028, respectively. The company's goal is to build a high-quality portfolio of industrial and logistics real estate in the kingdom's major cities to support economic growth, facilitate e-commerce, and attract global companies. Its strategy focuses on providing modern infrastructure for automation and artificial intelligence, investing in smart warehouses and flexible projects that align with Saudi Arabia’s Vision 2030 for the development of the industrial and logistics sectors.
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