Jingdong has opened pharmacies nationwide!

JD.
com announced the establishment of Medicine House Company in Yunnan and Beihai respectively, adding another step to its layout in the southwest region
.
Up to now, JD Pharmacy has set up 43 medicine house companies in 25 provinces and cities across the country (full list is attached at the end of the article)
.
It was announced in 3 days that two new drug house companies, Cyblan, the pharmacy manager inquired that JD Pharmacy (Qingdao) Chain Co.
, Ltd.
has added a new foreign investment, and the investment company is JD Pharmacy (Yunnan) Co.
, Ltd.
, and the investment ratio is Is 100%
.
On December 4, JD Pharmacy also invested in Beihai JD Renkang Pharmacy Co.
, Ltd.
, with an investment ratio of 100%
.
According to the company's information, the above two pharmacies were established on December 6 and December 3 respectively.
That is to say, within three days, Jingdong added two more medicine house companies, each with a registered capital of 1 million yuan
.
As of today, JD Pharmacy has 43 pharmacy companies (full list attached at the end of the article), covering 25 provinces and cities including Guangdong, Shandong, and Shanghai
.
Among them, 15 have registered capital of more than 10 million, Hunan, Jiangxi, and Hebei have established two each, and the others are located in Fujian, Shanxi, Shanghai, Hubei, Anhui, Zhejiang, Shandong, Jiangsu and Guangdong
.
Among the 42 subsidiaries, 5 have a registered capital of between 2 million and 5 million, located in Chongqing, Guangdong, Beijing, Liaoning and Guangxi; 20 have a registered capital of 1 million
.
Self-operated cold chain covers 100 cities.
The particularity of medicines puts forward higher requirements on supply chain capabilities, and it just so happens that the logistics chain has always been the "signboard" of JD.
com
.
In the first half of this year, JD Health and JD Logistics established a drug "self-operated cold chain" capability covering 100 cities in 12 provincial administrative regions across the country.
Thanks to this, JD Pharmacy accelerated the expansion of special drugs such as drugs for rare diseases.
Many cold chain products including Eli Lilly, Novartis, Sanofi and other brands have been launched on JD Pharmacy
.
On the other hand, as of June 30 this year, JD’s retail pharmacies have more than 40 million SKUs.
With the help of JD’s 17 drug warehouses and more than 350 non-drug warehouses across the country, JD Health’s omni-channel layout has covered more than 300 cities, can provide users with same-day, next-day, 30 minutes, 24/7 fast and other delivery services
.
In terms of warehousing and logistics, Alibaba Health also has certain advantages
.
According to Alibaba Health’s mid-term financial report, as of September 30 this year, Alibaba Health, relying on the distribution network of 12 locations and 14 warehouses and intelligent logistics strategy, has achieved the next day delivery of medicines in 110 core cities.
The 50.
1% at the end of the fiscal year increased to 60%
.
Affected by large-scale expansion, JD Health’s operating costs also rose from 6.
6 billion yuan last year to 10.
3 billion yuan this year, an increase of 57.
5%
.
JD Health said that this was mainly caused by the increase in the number of goods sold by JD Pharmacies, and overall it was in line with the growth of retail pharmacy business
.
According to its 2021 mid-term report, in the first half of this year, JD Pharmacy’s sales of pharmaceuticals and health products reached 11.
8 billion yuan, an increase of 52.
9% from the 7.
7 billion yuan in the same period last year
.
However, due to product mix changes and promotions, its gross profit margin declined slightly, from 25.
3% last year to 24.
3%
.
Contact other pharmacies and develop alliances With the increase in brand awareness and the growth of user groups, JD.
com is also introducing third-party merchants while developing self-operated pharmacies, including chain pharmacies, single pharmacies, and health products merchants
.
As of the end of June this year, JD Health has about 14,000 third-party merchants on its online platform, and JD Health-Alliance Pharmacy has accumulated more than 500 stores, covering 17 provincial-level administrative regions and nearly 200 county-level primary markets across the country.
Self-operated business JD Pharmacy has formed a benign complement
.
Not only JD.
com, but Alibaba Health is also actively contacting leading pharmacies in the region.
For example, its 2021 fiscal year annual report shows that only investing in Shuyu civilians has earned Alibaba Health a profit of 30 million yuan
.
Some industry analysts have mentioned that the retail pharmacy business still has huge growth potential due to the changes in user consumption habits and the acceleration of the industry's digital transformation
.
JD.
com also stated that in the future, it will use its own supply chain and platform operating capabilities to create an ecosystem of “retail pharmacies + medical and health services”.
Micro-enterprise provides a full range of comprehensive services, allowing services to sink to more regions of the country, and increasing the availability of medicines and medical and health products
.
List of 43 medicine house companies on JD.
com (as of December 8, sorted by registered capital from high to low)