— JINGDONG Property and TPC (Tsao Pao Chee) Agree to Explore Southeast Asian Food Supply Chain and Infrastructure Fund
JINGDONG Property, the infrastructure investment and asset management arm of JD.com, Inc., and TPC (Tsao Pao Chee), a fourth-generation family enterprise, have agreed to explore advanced agrifood infrastructure investment initiatives in Southeast Asia through the establishment of Food Supply Chain and Infrastructure Fund.
JINGDONG Property and TPC will prioritize investments in regional cold chain facilities, dry warehousing, and broader food supply chain infrastructure. Both parties aim to jointly build an efficient, resilient, and technically advanced food infrastructure network to enhance food supply chain efficiency, strengthen food security, and support long-term regional economic development.
The partnership represents a strategic synergy between two business ecosystems. JINGDONG Property will contribute its leading expertise in intelligent warehousing, digital infrastructure management, and sustainable building development, while TPC will leverage its deep local operating expertise, extensive regional network and influence, and over a century of industrial and supply chain operating experience across Southeast Asia.
Moving forward, JINGDONG Property and TPC aim to build a modern food supply chain infrastructure network in Southeast Asia and explore broader synergies across logistics, healthcare, retail, and more.
About JINGDONG Property, Inc.
JINGDONG Property, Inc., also known as JD Property, is a leading and rapidly growing modern infrastructure investment and asset management company of JD.com, Inc. Its business includes investment, development and asset management of logistics parks, business parks, data centers and others. As the cornerstone of JD.com’s supply chain ecosystem, JINGDONG Property is equipped with deep insights into merchandise and logistics flows and has a unique ability to integrate business resources. Leveraging our core competencies across infrastructure assets, development expertise, service capabilities and actionable insights, we provide bespoke, holistic and intelligent infrastructure. As of December 30, JINGDONG Property manages more than 280 infrastructure projects in China and worldwide.
About TPC (Tsao Pao Chee)
TPC (Tsao Pao Chee) is a fourth-generation family business holding company headquartered in Singapore that is committed to empowering the well-being and happiness economy. TPC does this by supporting global connectivity and resilience through its supply chain and logistics activities, and well-being-focused activities aimed at fostering individual and collective growth. TPC’s purpose-led well-being business ecosystem comprises IMC Industrial, OCTAVE, and multiple non-profit organisations, including NO.17 Foundation, OCTAVE Institute, and Restore Nature Foundation, operating in unity to add value to life, with corporate offices in the People’s Republic of China, Thailand, Indonesia, and Japan. https://tsaopaochee.com/
Release ID: 89194667
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