Core Insights - J&T Express (1519.HK) 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 - The Philippines experienced a 55% increase in average daily package volume during Double Eleven compared to regular days [3] - Vietnam saw explosive growth with a 211% year-on-year increase in package volume from November 1 to 11 [3] - J&T Express implemented 18 capacity expansion and upgrade projects in Thailand, enhancing overall operational capacity by 80% through the addition of five automated sorting machines [3] China: Differentiated Services for Steady Growth - J&T Express became a preferred logistics partner for major e-commerce platforms in China, achieving a 15% year-on-year increase in average daily package volume in the Zhangzhou Longhai area during Double Eleven [5] - The company optimized fulfillment processes and innovated return handling mechanisms to enhance customer experience, particularly for live-streaming e-commerce [5] - J&T Express upgraded 57 transit centers and over 1,000 end-point delivery locations in China, ensuring efficient logistics operations [5] New Markets: Strengthening Global Presence - In Brazil, J&T Express expanded trunk capacity ahead of the shopping festival, surpassing one million packages from November 11 to 12 [7] - 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 [7] - The company continues to invest in AI sorting and automated transit centers to enhance global logistics capabilities and support the growth of global e-commerce [7]
极兔速递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%