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SF Intra-City Delivers Outstanding Annual Results, Highest Revenue In Third-party On-demand Market

indie
7 minutes

HONG KONG, Mar 30, 2022 - (ACN Newswire via SEAPRWire.com) - Hangzhou SF Intra-City Industrial Co., Ltd. ("SF Intra-City" or the "Company"; stock code: 9699), the largest third-party on-demand delivery service platform in China , today announced its annual results for the year ended 31 December 2021 (the "Year"). Revenue continued to rise with gross profit and gross profit margin turning positive for the first time. The inspiring set of results demonstrates the successful implementation of its business development strategies.Results Highlights-- Revenue surged by 68.8% YoY to RMB8.17 billion-- Gross profit and gross profit margin turned positive, successfully achieving a gross profit of RMB94.8 million and gross profit margin of 1.2% YoY-- Revenue from intra-city delivery service increased by 58.1% YoY to RMB5.09 billion-- Non-food delivery scenarios achieved YoY revenue growth of 105% to RMB1.87 billion-- The number of active merchants increased 54.5% YoY to over 258,000-- The number of active consumers increased from approximately 5.1 million in 2020 to approximately 10.6 million in 2021, doubling YoY. The Company has achieved over 150% YoY growth in terms of revenue for intra-ci...

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Legend Capital’s Portfolio Company SF Intra-city Successfully Listed on HKEx

indie
2 minutes

HONG KONG, Dec 16, 2021 - (ACN Newswire via SEAPRWire.com) - On December 14, Legend Capital portfolio company SF Intra-city (09699.HK) successfully listed on the Hong Kong Stock Exchange (HKEx). SF Intra-city issued a total of 131 million shares at an issue price of HK$16.42 per share. The net proceeds from the global offering are approximately HK$2031.3 million.SF Intra-city, the largest all-scenario third-party intracity delivery platform in China, has focused on the field of on-demand delivery services since 2016 and realized independent operations in 2019. It covers various distribution needs in the new consumption industry, including customized and standardized on-demand delivery services to merchants, and errands services to consumers, such as Deliver for Me, Fetch for Me, Purchase for Me and Solve for Me services. Leveraging on the open ecosystem and the intelligent information system integrating smart logistics and data, as well as the efficient transportation networks that covers the entire city, SF Intra-city is keen to meet diversified needs by providing users with on-demand logistics solutions featuring commercial distribution and daily pickup-delivery services.Legend C...

ACN Newswire

Parent Company of GOGOX, Asia’s Leading Intra-city Technology Logistics Platform, Formally Submits Listing Application

indie
3 minutes

HONG KONG, Aug 27, 2021 - (ACN Newswire via SEAPRWire.com) - The parent company ("the Group") of Asia's leading technology logistics platform GOGOX submitted its listing application in Hong Kong. The Group provides intra-city logistics services to individual shippers, SMEs and international corporations. It operates two major brands, namely, GOGOX for the Hong Kong and overseas markets, where it is the largest online intra-city logistics platform in Hong Kong , and Kuaigou Dache in mainland China, which is the second largest online intra-city logistics platform in the country . The Group operates in more than 340 cities across five countries and regions in Asia, namely mainland China, Hong Kong, Singapore, Korea and India.The Group disrupts the traditional logistics industry with innovative technologies and is committed to providing technology-powered and user-centric logistics solutions, and promoting industry transparency, trust and efficiency. As of April 30, 2021, its logistics platform has approximately 24.8 million registered shippers and 4.5 million registered drivers. From January 1, 2018 to April 30, 2021, the Gross Transaction Value (GTV) of the platform reached RMB 10.2 ...