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citic sec: The resilience and increased penetration of consumer spending accelerate the growth of e-commerce in the usa. Remain bullish on leading e-commerce companies.
In Q2 2024, the total e-commerce sales in the usa reached 282.3 billion dollars (up 6.6% year-on-year), with a penetration rate of 19.6% (up 1.8 percentage points year-on-year), of which csi sws food & beverage, groceries, electronics and home appliances, and non-store retailers grew by 8.0%/ 12.7%/ 7.9%/ 7.2% year-on-year.
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With numerous express delivery giants in the market, what did FlashEx (FLX.US) get right with its 'one-to-one express delivery model'?
On the first day of listing, the company's stock price opened with a 13.21% increase, triggering a trading halt at $18.68. From its establishment to listing, what did Shansong's "one-on-one express delivery model" get right?
The track is covered with thick snow, and FlashEx (FLX.US) is expected to unleash the potential of breaking the homogenization competition with the 'one-on-one express delivery' service.
The traditional e-commerce dividend is gradually dissipating and cannot meet the demands of both supply and demand in the new consumer era in terms of delivery efficiency, service quality, etc. High-efficiency instant retail has become a new 'competitive point' for express logistics players, and the homogenization competition in the same-city instant delivery industry is becoming more intense. Among them, the company FlashEx (FLX.US) is somewhat different. As a platform focused on 'one-on-one express delivery' for ten years, the author found that it has unique competitiveness in the market, has unique survival and development 'rules', and has successfully broken through in competition. It is worth noting that FlashEx has recently successfully listed and is a worthy industry sample for in-depth analysis.
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