With the rapid growth of the Internet economy, instant delivery has become an indispensable part of life in ancient cities. Recently, Shinesend successfully listed on the NASDAQ market in the United States, the stock code is FLX, published at $16.5 /ADS, raising a total of $66 million. This logo mark with the flash one-to-one mode in the instant delivery market leader position has been fully recognized by the cost.
Since the first step in 2014, Flash has focused on the one-to-one emergency delivery mode in the same city, and is committed to providing customers with faster and more accurate distribution. Comply with iresearch consulting statistics, comply with 2023 income calculation, flash has become China’s largest one to one special delivery service provider. As of June 2024, the company has 2.7 million riders and 88.9 million registered users. Lightning relies on its first-mover advantage and scale advantage to achieve profitability in the past seven quarters.
Instant delivery, as the fundamental method of fulfillment, continues to grow in the penetration of local life and service lines and plays an increasingly important role. Iresearch estimates that the size of the instant delivery market will grow from 15.59 billion yuan in 2023 to 53.24 billion yuan in 2028, with a compound annual growth rate of 27.8% in five years. Flash relies on its one-to-one model to successfully activate this significant market space.
The one-to-one mode is important for three major scenarios: personal emergencies, trade documents and fresh house matching. Its scale growth has driven profit growth, while also meeting customer demand for fast, precise delivery. Compared with individual instant distribution, the one-to-one mode of flash delivery has a competitive advantage, and only one single order is sent at a time, ensuring faster distribution speed and higher quality of things.
Flash’s successful listing and market leader position is not only due to its focus and renovation of the one-to-one model, but also due to the significant growth potential of the instant delivery industry. With the transfer of traditional e-commerce to near-field e-commerce, and the rapid growth of the lazy economy, the demand for instant distribution services has grown inexhaustible, and the scale of the industry has expanded.
However, the provocations faced by Shanzai should not be underestimated. The accelerated stratification of user needs, as well as the higher requirements for the quality of the service, the request for endless renovation and improvement. At the same time, market competition is becoming increasingly surly, the industry reshuffle is accelerating, and flash needs to further enhance my focus competitiveness and consolidate market position.
In short, the success of the flash one-to-one model leads the instant delivery market, which enriches the significant growth potential of its BC side. In the future growth, flash will continue to explain the competitive advantage of the one-to-one model, inexhaustively meet market demand, improve the quality of things, and activate more market space.