Fast like the wind, Mr Feng’s army of mobile-technology-enabled “courier-warriors” provide reliable on-demand intracity delivery for individuals and businesses; and is Hangzhou’s No. 1 player.
Why
Slow delivery, damage risk
Before the use of mobile technologies, last-mile and intracity delivery in China was inefficient, disorganized.
Costly logistics infrastructure
Building an in-house delivery team is a costly investment, and often unaffordable, for e-commerce firms.
Demand boost from e-commerce
In 2014, Beijing alone produced about 1 million orders daily for intra-city express delivery.
Market
RMB 800 billion
Current value of China’s B2B intracity logistics sector, growing 20% yearly into 2020. The B2C segment is worth around RMB 400 billion, forecast to grow 15% annually.
The rest of the content is only available if you are logged in.
