Tuesday, July 2, 2024

May Day Holiday Boosts SF Intra-city Delivery Orders by 50%: Rise of a Thriving Economy in China

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SF Intra-city Delivery Orders of Comprehensive Delivery Increased 50% during May Day Holiday

The conclusion of the May Day holiday signaled a thriving holiday economy in China, propelled significantly by domestic travel and consumption. A standout performance was observed from the on-demand delivery service sector, where Hangzhou SF Intra-city Industrial Co., Ltd. (“SF Intra-city”), China’s foremost third-party on-demand delivery service provider, reported a remarkable 50% year-on-year increase in comprehensive delivery orders during the holiday period. This surge reflects a robust demand for convenient and efficient delivery services among consumers and highlights the growing influence of portable lifestyle trends on the holiday economy.

Amid this surge, the delivery orders from supermarkets and chain convenience stores witnessed an over 100% increase year-on-year. Even more impressive was the performance seen in orders from Douyin Lifestyle Services, which soared by 200% year-on-year. This growth underscores SF Intra-city’s pivotal role in ensuring a responsive and intelligent logistics system during periods of high demand, enabling merchants to cater seamlessly to the diversifying needs of consumers.

The observed boost in the new beverages market is a testament to the evolving consumer preferences, with several new beverage stores doubling their sales. SF Intra-city, as a distribution partner for popular brands like CHAGEE and Molly Tea, utilized its one-stop distribution platform to efficiently manage the heightened order volumes experienced during the holiday, illustrating the dynamic capacity of its dispatching system to withstand surges in demand.

Emergent trends during the May Day holiday also revealed significant shifts in travel expenditure, with a notable increase in activities such as leisure travel and local shopping. SF Intra-city’s data indicates a doubling of convenience store orders compared to the previous year and a significant rise in deliveries for beauty supplies and emergency medicines. This reflects a new trend among travelers to journey with minimal belongings, relying on on-demand delivery services for their local needs. SF Intra-city’s comprehensive service offerings ensure tourists can enjoy a hassle-free experience by addressing their diverse needs through efficient pick-up, delivery, and purchase services.

The integration of SF Intra-city’s services into Douyin’s ecosystem has also been well-received, catering to tourists’ growing appetite for local experiences and consumption through food delivery and one-hour supermarket delivery features. This collaboration led to a nearly 200% year-on-year increase in order volume highlighting the platform’s capability to enhance the overall travel and consumption experience.

The May Day holiday further spotlighted the rising trend of “county tourism,” with smaller cities, counties, and rural areas gaining popularity for their cost-effective travel options. SF Intra-city’s extended coverage, now encompassing over 1,000 cities and counties nationwide, played a significant role in meeting the logistical demands in these areas. Regions such as Qiandongnan, Jinhua, Jiaxing, Qianjiang, and Kashgar experienced a manifold increase in order volumes, highlighting the widespread and impactful reach of SF Intra-city’s services.

As the ‘Golden Week’ of May Day unfolds each year, the symbiotic relationship between the on-demand delivery services industry and the consumer market becomes increasingly significant. SF Intra-city is at the forefront of enhancing consumer travel experiences and driving merchants’ business growth during the holiday season. With a mission of “letting more people enjoy a close and beautiful life,” SF Intra-city is committed to progressing towards delivering high-quality growth and generating substantial value for shareholders and investors, thereby cementing its essential role in the evolving landscape of the third-party on-demand delivery service market.

Alexandra Bennett
Alexandra Bennetthttps://www.businessorbital.com/
Alexandra Bennett is a seasoned business journalist with over a decade of experience covering the global economy, finance, and corporate strategies. With a Bachelor's degree in Economics and a Master's in Business Journalism from Columbia University, Alexandra has built a reputation for her insightful analysis and ability to break down complex economic trends into understandable narratives. Prior to joining our team, she worked for major financial publications in New York and London. Alexandra specializes in mergers and acquisitions, market trends, and economic

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