360buy.com, a Chinese retail e-commerce company, has established a logistics subsidiary in Shanghai to improve distribution quality and efficiency, reported China Economic Review.
The company has invested Rmb20m in the subsidiary, which will distribute orders in Shanghai and other parts of eastern China, areas that account for 40 per cent of the company’s total orders.
360buy.com is also building 20 distribution stations in cities such as Tianjin, Wuhan, Jinan, Xian and Chongqing to enhance its national distribution network.