2025 年 6 月中国快递市场分析-China Express Market Analysis for June 2025

Key Takeaways Volume – STO surpassed Yunda but both lost market share YoY: SF continued to lead with 32% YoY volume growth, followed by YTO at 19% YoY. STO and Yunda recorded 11% and 7% YoY volume growth, respectively, losing market share of 0.5ppt and 1.0ppt. STO's volume was slightly ahead of Yunda in June, replacing Yunda as industry #3 player. Express revenue – Yunda's YoY growth slowed further: SF outperformed with 14% YoY revenue growth, followed by YTO and STO at 11% and 10%, respectively. SF's domes ...