Shengfeng Development Limited Reports Revenue Grew From $6.7M To $13.9M YoY From China Post Group Corporation During The 2024 Double 11 Shopping Festival
Shengfeng Development Limited Reports Revenue Grew From $6.7M To $13.9M YoY From China Post Group Corporation During The 2024 Double 11 Shopping Festival
Revenue grows from $6.7 million to $13.9 million
营业收入从670万增长到1390万
FUZHOU, China, Nov. 25, 2024 /PRNewswire/ -- Shengfeng Development Limited ("Shengfeng" or the "Company") (NASDAQ:SFWL), a contract logistics company in China providing customers with integrated logistics solutions, announced today a 107.8% year-over-year increase in revenue generated from China Post Group Corporation during the 2024 Double 11 Shopping Festival.
福州，中国，2024年11月25日 /美通社/ -- 盛丰物流有限公司（"盛丰"或"公司"）（纳斯达克：SFWL），是一家在中国提供集成物流解决方案的合同物流公司，今天宣布2024年双11购物节期间从中国邮政集团公司获得的营业收入同比增长107.8%。
The Double 11 Shopping Festival, also known as the "Singles' Day, is China's largest annual online shopping event, comparable to Black Friday in the United States. Held each year on November 11, the festival has evolved into a major e-commerce event, with consumers nationwide taking advantage of substantial discounts and promotions offered by various retailers. From October 20, 2024 to November 20, 2024, Shengfeng provided postal logistics services to China Post Group Corporation across multiple post offices. This collaboration resulted in an increase in Shengfeng's service volume and revenue. The Company's revenue from these services totaled RMB 100,221,043 (approximately $13.9 million), which was an increase from RMB 48,230,091 (approximately $6.7 million) during the same period in 2023, marking a 107.8% year-over-year growth.
双11购物节，又称"光棍节"，是中国最大的年度在线购物活动， comparable to 美国的黑色星期五。每年11月11日举行的节日已经演变为一个主要的电子商务事件，全国消费者利用各大零售商提供的丰厚折扣和促销。从2024年10月20日至2024年11月20日，盛丰为中国邮政集团公司在多个邮局提供了邮政物流服务。这次合作导致了盛丰的服务成交量和营业收入的增长。公司从这些服务中获得的营业收入总计达到RMb 100,221,043（约合1390万），相比2023年同期的RMb 48,230,091（约合670万）增长了107.8%。
