BRIEF: J&T’s deliveries jump during SE Asia online shopping event
1519.HK
Global logistics services provider J&T Global Express Ltd. (1519.HK) said its local express parcel volume rose more than 20% month-on-month during this year’s 9.9 Mega Sales e-commerce shopping event from Sept. 9 to Sept. 11 in Southeast Asia.
J&T said it continues to increase its investment in Southeast Asia, including its upgrade of 11 sorting centers and addition of nine distribution hubs across the Philippines by August. The company added it is rolling out an additional 400 line-haul trucks in Vietnam, and also put its largest sorting center in the country’s north into operation.
By Lau Chi Hang
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