Volume increases and prices remain low as the express delivery industry competes to reduce costs. The application of autonomous vehicles and Drones is expected to accelerate next year | Year-end review.
① Since the beginning of the year, the growth rate of express delivery volume has exceeded 20%; the operating situation of "the two logistics giants and one delivery company" in the first 11 months shows volume increase and low prices, with ZTO achieving year-on-year revenue growth per package in Q3. ② Industry insiders say that the growth rate of express delivery volume will still be double-digit in the next 1-2 years. It is expected that next year, Drones and unmanned vehicles will accelerate their application in various express delivery scenarios, further reducing social Logistics costs.
As soon as the news of Japan easing tourist visas for people from China was released, local retail travel stocks surged immediately.
① The Japanese Foreign Minister, Toshimitsu Motegi, announced the relaxation of visa requirements for Chinese tourists to Japan, expected to be implemented in spring 2025. ② After the announcement, retail and tourism-related stocks in Japan rose, with J. Front Retailing Co. soaring by 8.38%, while Isetan Mitsukoshi Holdings and Takashimaya increased by 6.98% and 3.69%, respectively.
JD.com logistics plans to fully acquire Kuaijie Express to intensify its investment in the B-end market.
① jd.com logistics intends to acquire the remaining 36.43% equity of Kua Yue Su Yun, with a total consideration not exceeding 6.48 billion yuan; ② Kua Yue Su Yun mainly focuses on B-end corporate clients, and its aviation resources, trunk network, etc., are a strategic supplement for jd.com logistics to expand the B-end market.
China's Logistics Sector Continues Growth Streak in November
Wang Wei has again rung the bell at the Hong Kong Stock Exchange.
SF Express is expected to become the second largest IPO on the Hong Kong Stock Exchange this year.
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