Core Viewpoint - J&T Express (极兔速递-W) has seen a significant increase in its stock price, rising over 4% due to strong order growth in the Brazilian market during the 2025 Black Friday period [1] Group 1: Company Performance - As of the latest report, J&T Express's stock price increased by 4.07%, reaching HKD 10.5, with a trading volume of HKD 72.48 million [1] - In Brazil, non-platform customer order volume increased by nearly 40% month-on-month compared to October, while platform customer order volume rose approximately 25% [1] - The average daily volume of platform orders surged by 80% compared to the third quarter, setting a new record for daily collection during the peak season [1] Group 2: Market Insights - According to CITIC Securities, J&T Express maintains a strong market share in Southeast Asia, holding 32.8% of the parcel volume in the first half of 2025, marking six consecutive years at the top [1] - The Latin American market has emerged as the strongest growth engine for the company, with a nearly 50% year-on-year increase in parcel volume in Q3 2025 [1] - Brazil and Mexico account for 80% of the orders in Latin America, and future partnerships with leading e-commerce platforms like MELI and TTS are expected to double order growth, replicating the company's expansion strategy in Southeast Asia [1] Group 3: Business Strategy - The company's strategy involves deep integration of business flows, effectively addressing local logistics challenges, and a profit-sharing model with agents, which supports its low-cost and rapid market penetration [1]
极兔速递-W涨超4% 巴西黑五单日订单规模显著突破 拉美市场已成公司最强增长引擎