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?

Zhitong FinanceNov 14 20:53 ET

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.

Gelonghui FinanceNov 12 20:00 ET

Asian Equities Traded in the US as American Depositary Receipts Rise in Tuesday Trading

MT NewswiresNov 5 11:13 ET

BingEx Shares Rise in Nasdaq Debut

MT NewswiresOct 4 11:42 ET

U.S. stock market dynamics | FlashExpress (FLX.US) debuts on the U.S. stock market, opening up 1.72%. IPO raises $66 million with a valuation of $1.17 billion.

It is reported that Shansong raised 66 million USD in its initial public offering in the usa, bringing the valuation of this express delivery company to 1.17 billion USD.

Zhitong FinanceOct 4 10:59 ET

Express News | Trading Halt: Halt Status Updated at 10:35:00 AM ET: Quotation Resumption: IPO Security - Released for Quotation

BenzingaOct 4 10:35 ET