NEWS WRAP: J&T Express profit doubles on accelerating globalization
The logistics company’s revenue grew 18.5% last year, as it achieved its first profits in the Middle East, Africa and Latin America By Teri Yu Logistics services provider J&T…
BRIEF: S.F. Holding, J&T Global announce equity alliance
Logistics companies S.F. Holding Co. Ltd. (6936.HK; 002352.SZ) and J&T Global Express Ltd. (1519.HK) on Thursday announced a new equity alliance that could signal the easing of a prolonged price…
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…
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…
J&T ditches low-price strategy to focus on customized deliveries
The upstart logistics provider has moved on from its controversial pricing-based strategy, as it continues to log rapid growth Key Takeaways: J&T’s average daily parcel volume in China rose 36.3%…
YTO’s global expansion drives into Central Asia with KazPost
The logistics company will partner with Kazakhstan’s postal service to develop express delivery services in the country and broader Central Asia Key Takeaways: YTO will form a logistics joint venture…
Shengfeng drives into investor fast lane with big post-IPO gains
The logistics company’s shares have more than doubled since their March IPO, including a 36% jump on a single day this week Key Takeaways: Shengfeng’s shares have risen sharply since…
