J&T Global Express Limited, a global logistics service provider, announced a new milestone in its growth trajectory, surpassing 100 million parcels handled worldwide in a single day during this year’s Double 11 shopping festival on November 12th. Double 11 is a traditional peak season for China and Southeast Asia. From October 20th to November 12th, J&T Express saw significant growth in parcel volume in both markets. In China, the peak season during the same period saw an average daily … [Read more...] about J&T Express exceeds 100M global parcels handled in a single day on Double 11, driven by strong growth across multiple regions
J&T Global Express Limited
J&T Express turns to net profit in H1 2024
J&T Global Express Limited a global logistics service provider, announced its 2024 interim results for the first half of 2024. In the first half of the year, J&T’s revenue reached US$4.86 billion, representing a year-over-year increase of 20.6%. Revenue of its core business, express delivery services, reached US$4.74 billion, marking a YoY increase of 33.7%. Gross profit showed a YoY increase of 176.8% to US$540 million. In H1 2024, all of J&T’s profit metrics swung to positive. The … [Read more...] about J&T Express turns to net profit in H1 2024
