STO Express’ service business revenue in January 2024 was 3.966 billion yuan, a year-on-year increase of 82.61%

According to news from this site on February 19, STO Express announced today that In January 2024, the express service business revenue was 3.966 billion yuan, a year-on-year increase of 82.61%; the completed business volume was 1.81 billion yuan, a year-on-year increase of 12.453% %; express delivery service single-ticket revenue was 2.19 yuan, down 18.89% year-on-year.

In contrast, in January 2024, SF Express’ express product revenue was 5.261 billion yuan, a year-on-year increase of 71.48%, and the business was completed The volume of express delivery products reached 2.151 billion, a year-on-year increase of 91.79%. The single-ticket revenue of express delivery products was 2.45 yuan, a year-on-year decrease of 10.59%.

The total revenue of SF Holding’s express logistics business, supply chain and international business in January 2024 was 24.357 billion yuan, a year-on-year increase of 15.52%, excluding Fengwang, a year-on-year increase of 16.46%.

According to the official website of STO Express, on May 24, 2023, STO Express announced the new brand strategy "Send STO Express, Quickly Save Money", and cooperated with Cainiao to launch a logistics upgrade plan for key economic circles across the country, launching Smart warehouse delivery "next day delivery in economic circle" service.

Compared with general next-day delivery, STO Express claims that through data collaboration, warehousing and distribution integration, and service specialization, it has turned package pickup and signature for next-day delivery into a "payment and receipt" process from payment to receipt. "Next-day delivery" - consumers who place an order before 22:00 the night before can get it delivered the next day, and it will be delivered 100% on demand. At present, this service has covered the Yangtze River Delta and the Greater Bay Area, and will be launched in the Beijing-Tianjin-Hebei and Chengdu-Chongqing economic circles in the future.

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