Orders from Douyin Skyrocketed by 2 times<\/p>\n
HONG KONG<\/span>, May 9, 2024<\/span> \/PRNewswire\/ — The May Day holiday has recently concluded, leaving behind a trail of remarkable growth in domestic travel and consumption, and the invaluable contributions of on-demand delivery service platforms and suppliers cannot be overlooked.\u00a0Hangzhou SF Intra-city Industrial Co., Ltd.\u00a0(“SF Intra-city” or the “Group”, Stock Code: 9699.HK), China’s<\/span> largest third-party on-demand delivery service provider, is pleased to announce that\u00a0the orders for comprehensive delivery\u00a0increased 50% year-on-year (“YoY”) during May Day holiday, delivery orders from supermarkets and chain convenience stores increased over\u00a01 time YoY, delivery orders from Douyin Lifestyle Services increased by 2 times YoY.\u00a0The Group\u00a0has\u00a0provided efficient and flexible transportation capacity, intelligently deployed\u00a0and improved the brand’s logistics fulfillment capabilities during peak order periods, and helped\u00a0merchants respond to the diversified needs of consumers.<\/p>\n The holiday economy is thriving, and the new beverages market is witnessing a remarkable surge in growth. Numerous new beverage brand stores have recorded a doubling in sales, and some stores in popular destinations have even faced an overwhelming number of orders. According to data from SF Intra-city, the order volume for beverages doubled during May Day holiday. As the distribution partner for several prominent new beverage brands like CHAGEE and Molly Tea<\/span>, the Group utilizes a comprehensive one-stop distribution platform, by leveraging a diverse capacity system and intelligent dispatching system, it can swiftly respond to high-demand periods such as the Labor Day holiday, effectively managing the pressure of surging orders.<\/p>\n During the May Day holiday, there were several emerging trends in people’s travel expenses. The proportion of behaviors such as relaxing travel, shopping in local and on-demand delivery significantly increased. According to data from SF Intra-city, convenience store orders during the May Day holiday more than doubled compared to the previous year, while orders for beauty supplies and emergency medicine delivery achieved high double-digit growth year-on-year. This year, a new trend among travelers is to go out with minimal belongings and purchase necessary items locally. SF intra-city ‘s comprehensive product system for customers, including “pick-up, delivery, purchase, and processing,” ensures quick response, assisting tourists in addressing various needs such as baggage pickup and delivery, purchasing local specialties, and avoiding queues at popular restaurants.<\/p>\n An increasing number of tourists are utilizing Douyin’s lifestyle services to indulge in a wide range of local experiences and consumption offerings. SF Intra-city has seamlessly integrated its services into Douyin’s food delivery and Douyin Supermarket one-hour delivery features. Additionally, it provides a comprehensive solution for live e-commerce delivery. The May Day holiday witnessed a remarkable year-on-year increase of nearly 200% in the number of orders processed by SF Intra-city.<\/p>\n The structure of domestic tourism during May Day holiday has exhibited a substantial increase in the popularity of “county tourism”, particularly in smaller cities, counties, and rural areas that offer more cost-effective options. As a result, these regions have experienced robust growth. SF Intra-city has expanded its coverage to over 1,000 cities and counties nationwide, achieving a coverage rate of 60%. Notably, order volumes in regions such as Qiandongnan in Guizhou<\/span>, Jinhua and Jiaxing in Zhejiang<\/span>, Qianjiang<\/span> in Hubei<\/span>, and Kashgar in Xinjiang have witnessed significant year-on-year growth, multiplying several times over.<\/p>\n The May Day ‘Golden Week’ holiday, being a significant milestone in travel and consumption, has garnered attention from both consumers and businesses alike. With the holiday economy flourishing and the demand for on-demand delivery services on the rise, the symbiotic relationship between on-demand delivery services industry and consumer market has become increasingly impactful. SF Intra-city plays a crucial role by providing high quality intra-city delivery services, enhancing the travel experience for consumers and driving the growth of merchants’ holiday businesses. Furthermore, it injects vitality and potential into the long-term development of the third-party on-demand delivery service market. As SF Intra-city strives to fulfill its mission of “letting more people enjoy a close and beautiful life,” the Group looks forward to steady progress, high-quality growth, and delivering increased value to shareholders and investors.<\/p>","protected":false},"excerpt":{"rendered":" <\/p>\n Orders from Douyin Skyrocketed by 2 times<\/p>\n HONG KONG<\/span>, May 9, 2024<\/span> \/PRNewswire\/ — The May Day holiday has recently concluded, leaving behind a trail of remarkable growth in domestic travel and consumption, and the invaluable contributions of on-demand delivery service platforms and suppliers cannot be overlooked.\u00a0Hangzhou SF Intra-city Industrial Co., Ltd.\u00a0(“SF Intra-city” or the “Group”, Stock Code: 9699.HK), China’s<\/span> largest third-party on-demand delivery service provider, is pleased to announce that\u00a0the orders for comprehensive delivery\u00a0increased 50% year-on-year (“YoY”) during May Day holiday, delivery orders from supermarkets and chain convenience stores increased over\u00a01 time YoY, delivery orders from Douyin Lifestyle Services increased by 2 times YoY.\u00a0The Group\u00a0has\u00a0provided efficient and flexible transportation capacity, intelligently deployed\u00a0and improved the brand’s logistics fulfillment capabilities during peak order periods, and helped\u00a0merchants respond to the diversified needs of consumers.<\/p>\n The holiday economy is thriving, and the new beverages market is witnessing a remarkable surge in growth. Numerous new beverage brand stores have recorded a doubling in sales, and some stores in popular destinations have even faced an overwhelming number of orders. According to data from SF Intra-city, the order volume for beverages doubled during May Day holiday. As the distribution partner for several prominent new beverage brands like CHAGEE and Molly Tea<\/span>, the Group utilizes a comprehensive one-stop distribution platform, by leveraging a diverse capacity system and intelligent dispatching system, it can swiftly respond to high-demand periods such as the Labor Day holiday, effectively managing the pressure of surging orders.<\/p>\n During the May Day holiday, there were several emerging trends in people’s travel expenses. The proportion of behaviors such as relaxing travel, shopping in local and on-demand delivery significantly increased. According to data from SF Intra-city, convenience store orders during the May Day holiday more than doubled compared to the previous year, while orders for beauty supplies and emergency medicine delivery achieved high double-digit growth year-on-year. This year, a new trend among travelers is to go out with minimal belongings and purchase necessary items locally. SF intra-city ‘s comprehensive product system for customers, including “pick-up, delivery, purchase, and processing,” ensures quick response, assisting tourists in addressing various needs such as baggage pickup and delivery, purchasing local specialties, and avoiding queues at popular restaurants.<\/p>\n An increasing number of tourists are utilizing Douyin’s lifestyle services to indulge in a wide range of local experiences and consumption offerings. SF Intra-city has seamlessly integrated its services into Douyin’s food delivery and Douyin Supermarket one-hour delivery features. Additionally, it provides a comprehensive solution for live e-commerce delivery. The May Day holiday witnessed a remarkable year-on-year increase of nearly 200% in the number of orders processed by SF Intra-city.<\/p>\n The structure of domestic tourism during May Day holiday has exhibited a substantial increase in the popularity of “county tourism”, particularly in smaller cities, counties, and rural areas that offer more cost-effective options. As a result, these regions have experienced robust growth. SF Intra-city has expanded its coverage to over 1,000 cities and counties nationwide, achieving a coverage rate of 60%. Notably, order volumes in regions such as Qiandongnan in Guizhou<\/span>, Jinhua and Jiaxing in Zhejiang<\/span>, Qianjiang<\/span> in Hubei<\/span>, and Kashgar in Xinjiang have witnessed significant year-on-year growth, multiplying several times over.<\/p>\n The May Day ‘Golden Week’ holiday, being a significant milestone in travel and consumption, has garnered attention from both consumers and businesses alike. With the holiday economy flourishing and the demand for on-demand delivery services on the rise, the symbiotic relationship between on-demand delivery services industry and consumer market has become increasingly impactful. SF Intra-city plays a crucial role by providing high quality intra-city delivery services, enhancing the travel experience for consumers and driving the growth of merchants’ holiday businesses. Furthermore, it injects vitality and potential into the long-term development of the third-party on-demand delivery service market. As SF Intra-city strives to fulfill its mission of “letting more people enjoy a close and beautiful life,” the Group looks forward to steady progress, high-quality growth, and delivering increased value to shareholders and investors.<\/p>\n <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[5,7],"tags":[],"class_list":["post-1277","post","type-post","status-publish","format-standard","hentry","category-cision-pr-newswire","category-cision-pr-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/1277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1277"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/1277\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}