J&T Express reports growth during 9.9 Mega Sales event

J&T Express, a global logistics service provider, experienced remarkable growth during the 9.9 Mega Sales event, one of Southeast Asia's largest e-commerce shopping festivals, which took place from September 9 to 11, 2024. The company reported a significant increase in parcel volumes, with over 20% growth compared to August 2024. This surge was particularly notable in several countries, where business volumes doubled compared to the same promotional period in 2023. The company's success can be attributed to its strengthened partnerships with key e-commerce platforms and a strategic expansion into non-e-commerce sectors. In the Philippines, for instance, J&T partnered with Dito, a leading telecom operator, which resulted in a doubling of delivery volumes during the event. To accommodate the growing demand, J&T has made substantial local investments and enhancements to its network across Southeast Asia. By the end of August, J&T upgraded 11 sorting centers and added 9 distribution hubs in the Philippines, increasing sorting capacity by 1.5 times. Additionally, in Vietnam, the company introduced 400 new line-haul vehicles and is set to launch its largest sorting center in Northern Vietnam, equipped with advanced technology to improve operational efficiency. This robust performance during the 9.9 Mega Sales event underscores the immense growth potential of Southeast Asia's e-commerce market and J&T Express's ongoing commitment to enhancing its service offerings and operational capabilities in the region.