Core Insights - J&T Express reported significant growth in global package volume during the Double Eleven shopping festival, with a record-breaking daily package volume exceeding 100 million on November 11, marking a 9% year-on-year increase [1] - From November 1 to 12, the average daily package volume reached 94.59 million, reflecting a 15% year-on-year growth, particularly strong in Southeast Asia and new markets with growth rates of 78% and 83% respectively [1] Southeast Asia: Sustained High Growth - During the peak season, the Southeast Asian market showed robust activity, with the Philippines experiencing a 55% increase in average daily package volume during Double Eleven [2] - Vietnam saw explosive growth, with a 211% year-on-year increase in package volume from November 1 to 11 [2] - To support the peak season, J&T Express implemented 18 capacity expansion and upgrade projects in Thailand, enhancing overall operational capacity by 80% [2] China: Differentiated Services for SMEs - In China, J&T Express became a preferred logistics partner for major e-commerce platforms by leveraging differentiated service strategies and enhancing network capabilities [3] - The average daily package volume in the Zhangzhou Longhai area increased by approximately 15% year-on-year during the Double Eleven peak season [3] - J&T Express upgraded 57 transfer centers and over 1,000 end-point networks to ensure efficient logistics operations, deploying over 1,000 unmanned delivery vehicles to address last-mile delivery challenges [3] New Markets: Strengthening Global Presence - J&T Express demonstrated strong growth potential in emerging markets, with package volume in Brazil exceeding one million during November 11-12 due to expanded trunk capacity [4] - In Egypt, collaboration with local e-commerce platforms like noon resulted in a 41% year-on-year increase in package volume from November 1 to 12 [4] - The company continues to invest in advanced technologies such as AI sorting and automated transfer centers to enhance global logistics capabilities and support the growth of the e-commerce economy [4]
极兔速递(01519)年末业务旺季包裹量创新高 东南亚与新市场同比增78%和83%