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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.
Shengfeng Begins Deliveries Joint Venture With Drone Manufacturer in China's Fujian Province
Shengfeng Development Forms Joint Venture With Fujian Fulai Aviation To Expand Low-Altitude Logistics Services
Shengfeng Development Limited Announces Joint Venture With Fujian Fulai Aviation to Expand Low-Altitude Logistics Services
Express News | U.S.-Listed Shares of Chinese Firms Drop Premarket on Worries Over Growing U.S.-China Trade Tensions Under Trump Presidency
Do Its Financials Have Any Role To Play In Driving Shengfeng Development Limited's (NASDAQ:SFWL) Stock Up Recently?
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