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The recent conclusion of the May Day holiday has left a notable mark on domestic travel and consumption, with the indispensable role of on-demand delivery service platforms and suppliers. Hangzhou SF Intra-city Industrial Co., Ltd. (“SF Intra-city” or the “Group”, Stock Code: 9699.HK), China’s largest third-party on-demand delivery service provider, is pleased to report significant growth in various sectors during this period.
Comprehensive delivery orders surged by 50% year-on-year (“YoY”), while orders from supermarkets and chain convenience stores saw a remarkable increase of over 100% YoY. Additionally, delivery orders from Douyin Lifestyle Services doubled YoY. The Group’s efficient and flexible transportation capacity, coupled with intelligent deployment strategies, enhanced brand logistics fulfillment capabilities during peak order periods, catering to the diverse needs of consumers.
The holiday economy witnessed a surge in the new beverages market, with many new beverage brand stores experiencing a doubling in sales. SF Intra-city data shows a doubling in beverage orders during the holiday. Acting as a distribution partner for prominent brands like CHAGEE and Molly Tea, the Group’s one-stop distribution platform efficiently managed the surge in orders, ensuring timely delivery.
Emerging trends during the May Day holiday highlighted increased spending on relaxing travel, local shopping, and on-demand delivery. SF Intra-city observed a doubling in convenience store orders and significant double-digit growth in beauty supplies and emergency medicine deliveries compared to the previous year. A new trend of minimalistic travel with local purchases emerged, and SF Intra-city’s comprehensive product system catered to various needs efficiently.
The popularity of Douyin’s lifestyle services among tourists led SF Intra-city to integrate its services seamlessly, resulting in a nearly 200% year-on-year increase in orders processed during the holiday. Domestic tourism saw a rise in “county tourism,” particularly in smaller cities and rural areas, benefiting regions covered by SF Intra-city’s expansive network.
The May Day holiday, regarded as a significant milestone in travel and consumption, underscored the symbiotic relationship between on-demand delivery services and the consumer market. SF Intra-city’s role in providing high-quality intra-city delivery services contributed to enhancing consumer experiences and driving merchant growth during the holiday season. Looking ahead, SF Intra-city remains committed to its mission of enriching lives and aims for steady progress, quality growth, and increased value for shareholders and investors.
The post SF Intra-city Reports Explosive Growth in on-Demand Delivery During May Day Holiday appeared first on Travel And Tour World.
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