Since the start of this year, China's express delivery sector has witnessed a surge in growth. By November 30, the yearly express delivery volume had, for the first time, surged past 180 billion parcels, outstripping the total volume projected for the entire year of 2024. The average monthly business volume stands at over 16 billion parcels, with a single-day record high of 777 million parcels, averaging more than 6,200 parcels per second. The industry is undergoing significant metamorphoses, rendering the competitive strategy of sacrificing profit margins for volume expansion untenable. Listed express delivery firms on the stock market are pivoting towards a healthier competitive landscape, emphasizing profitable business models, distinct service offerings, and intelligent operations, all in an effort to harness the potential of 'small packages' to unlock greater market worth.
