Indonesian Logistics Giant J&T's Success in China Market
Saturday, 23 March 2024, 10:00
Indonesian Logistics Giant J&T Achieves Profit in China Amid Competition
J&T Global Express has reported a significant achievement by securing a gross profit of US$58.8 million in the competitive Chinese market.
Key Highlights:
- J&T Global Express turns first profit in China, defying market challenges.
- Intense Competition: Faced tough rivalry from SF Express, STO Express, and YTO Express.
- Revenue Breakdown: Majority of revenue attributed to China operations.
This achievement underscores J&T's ability to navigate challenges and succeed in a highly competitive industry.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.