Pharmacy 4 Less has signed an agreement with JD Worldwide aimed at expanding on existing China cross-border e-commerce operations established in 2015
The group had been in discussions with members of the JD Worldwide team earlier this year after recognising changes in cross-border e-commerce trends.
Its new venture will see Pharmacy 4 Less use JD’s market-leading warehousing and logistics capabilities in China, aimed at providing Chinese consumers with faster delivery and a better shopping experience than their current cross-border e-commerce model.
“We have been doing business in China since 2015 and we look forward to this exciting new chapter,” said Feras Karem, Managing Director and CEO of Pharmacy 4 Less.
“Australian Discount Pharmacy holds such importance to the Chinese customer and we look forward to the opportunities that are ahead with JD.
“It’s all about the shopping experience. To be able to place an order and receive your parcel only hours after it has been placed in certain cities is a great experience,” he said.
“We know there is demand in China for quality Australian products, but our biggest limiting factor to date has been our delivery time.
“Our current business model in Australia means parcels can take anywhere up to three weeks to clear customs and reach consumers. With JD’s bonded-warehouse model, delivery becomes a matter of hours or days.”
JD Worldwide Business Development Director Jaff Tian said, “The JD Worldwide platform has helped businesses from all over the globe reach Chinese consumers with it’s most advanced logistics infrastructure.
“We look forward to developing this relationship with Pharmacy 4 Less in 2019.”