NEWS WRAP: Strong demand for local deliveries drives SF Intra-City to record revenue
Revenue for China’s top on-demand delivery service provider passed the 10 billion yuan mark in the first half of the year, as its net profit more than doubled By…
NEWS WRAP: J&T Express posts revenue, profit gains as Southeast Asia unit booms
The logistics company handled around 14 billion parcels in the first half of this year, with strong growth in Southeast Asia and new markets in South America, Africa and the…
ZTO waits for ebb of ‘race to the bottom’ in struggle to balance revenue, profits
The logistics provider’s profit fell in the first half of 2025 as rising costs and falling prices outweighed growing parcel volume Key Takeaways: ZTO's parcel volume increased 17.7% year-on-year to…
NEWS WRAP: JD Logistics revenue, profit accelerate on China market momentum
The company’s integrated supply chain solutions business recorded strong growth in the first half of 2025, while continued efficiency improvements lifted its profitability By Teri Yu JD Logistics Inc.…
BRIEF: Qudian revenue plunges as it exits last-mile delivery business
Qudian Inc. (QD.US) on Wednesday said its revenue tumbled more than 90% to 3.5 million yuan ($487,000) in the second quarter from 53.3 million yuan a year earlier, as the…
Qudian: A slow-motion privatization?
The company said it is contemplating winding down its last-mile delivery service after stiff competition caused its revenue to plunge in the first quarter Key Takeaways: Qudian’s revenue fell by…
Quhuo’s transformation story hits headwinds as new initiatives stumble
The company is moving away from its original business of providing takeout dining drivers, but revenue for most of its major new initiatives contracted in the second half of 2024…
