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Alibaba and jd.com shake hands and make peace.
Join forces to fight the enemy.
Chinasouthcity management team welcomes major changes. The company suffered a loss of HKD 4.3 billion in the first half of the year.
Chinasouthcity, which once attracted wide attention from the market due to debt defaults, has undergone major changes in its management team, with two executive directors announcing their resignations. In the first half of 2024, Chinasouthcity's revenue was HKD 1.215 billion, a decrease of 51.7% year-on-year; the loss reached HKD 4.311 billion, an increase of 593.7% year-on-year.
China Logistics: In the first half of the year, the total social logistics of the country was 167.4 trillion yuan, a year-on-year increase of 5.8%.
On July 30th, the China Federation of Logistics and Purchasing released an analysis of logistics running from January to June 2024.
In June, China's e-commerce logistics index was 114.8 points, an increase of 0.9 points.
The China e-commerce logistics index for June 2024, jointly released by China Federation of Logistics & Purchasing and JD.com, was 114.8 points, with an expanded increase of 0.9 points.