SPONSORED: What’s behind SF Intra-city’s big annual profit growth
China’s largest third-party on-demand delivery service provider recorded a profit for the year that met market expectations SF Intra-city reported revenue of 12.4 billion in 2023, up 21.1%, with an…
SF Intra-city buys back shares, as parent’s stalled Hong Kong IPO languishes
Shares of two separately listed units of logistics giant SF Express both trade well below their 2021 IPO prices, as their parent’s plan to list in Hong Kong is going…
Domino’s China partner serves up profits, new milestone in rapid growth story
DPC Dash opened its 700th store of the U.S. pizza chain last month, and said it’s on track to open 180 new stores in China this year Key Takeaways: DPC…
Qudian unveils last-mile delivery transformation plan
The former Chinese online consumer lender revealed it began trialing a new last-mile delivery service in Australia and New Zealand at the end of last year Key Takeaways: Qudian announced…
NEWS WRAP: ZTO Express zooms on Covid rebound, but warns of ‘soft economic environment’
The leading Chinese parcel delivery company’s revenue rose 12.5% in the second quarter, while its profit jumped 44% By Doug Young Parcel delivery company ZTO Express (Cayman) Inc. (ZTO.US;…
Dada Nexus rides to profits, but tamps down high expectations
The provider of intracity delivery services recorded its first-ever profit on a non-GAAP basis in the second quarter, as its revenue grew 23% Key Takeaways: Dada Nexus recorded its first…
Shengfeng drives into investor fast lane with big post-IPO gains
The logistics company’s shares have more than doubled since their March IPO, including a 36% jump on a single day this week Key Takeaways: Shengfeng’s shares have risen sharply since…
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SF Intra-city buys back shares, as parent’s stalled Hong Kong IPO languishes
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