BRIEF: SF Intra-city’s profit doubles in 2024
Intra-city delivery company Hangzhou SF Intra-city Industrial Co. Ltd. (9699.HK) on Tuesday said it expects to report its profit for all 2024 more than doubled year-on-year, as its revenue rose…
BRIEF: SF Express says November revenue rose 7% year-on-year
Integrated logistics company SF Holding Co. Ltd. (6936.HK) on Thursday reported its revenue in November reached 25.2 billion yuan ($3.45 Billion), up 6.7% compared with the same period last year.…
Full Truck Alliance fires on all cylinders with strong earnings report
The number of truckers using the digital freight platform hit the 4 million mark in the third quarter, while its monthly active shippers totaled 2.84 million Key Takeaways: Full Truck…
NEWS WRAP: J&T Express sets ‘Double 11’ shipment milestone as share buyback launches
The logistics company handled more than 100 million parcels on a single day at the height of a shopping festival likened to Black Friday in the West By Teri…
BRIEF: BingEx shares jump in U.S. trading debut
Shares of intracity delivery company BingEx Ltd. (FLX.US) jumped 9% in their U.S. trading debut on Friday, buoyed by a recent rally for overseas-listed Chinese stocks. The company said it…
NEWS WRAP: Lalatech relaunches IPO fueled by accelerating profits
The freight logistics company’s revenue rose 18% in the first half of this year, while its adjusted profit jumped by 41% on improving efficiencies By Teri Yu Logistics giant…
BRIEF: J&T’s deliveries jump during SE Asia online shopping event
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…