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SF Intra-city (9699.HK) Delivery Orders of Comprehensive Delivery Increased 87% during May Day Holiday
The May Day holiday has just concluded, marked by a surge in domestic travel and consumer spending. In response to strong consumer demand, instant delivery service platforms played a crucial supporting role. Hangzhou SF Intra-city Industrial Co., Ltd. ("SF Intra-city" or the "Group", Stock Code: 9699.HK), China's largest third-party on-demand delivery service provider, is pleased to announce that the orders for comprehensive delivery surged by 87% year-on-year ("YoY") during May Day holiday, del
About this update from Hangzhou Sf Intra-city Industrial Co., Ltd. Class H
[{"type":"text","content":"Orders from Supermarkets and Department Stores Increased More Than 1.7 Times","length":76,"tagName":"p"},{"type":"text","content":"HONG KONG, May 8, 2025 /PRNewswire/ -- The May Day holiday has just concluded, marked by a surge in domestic travel and consumer spending. In response to strong consumer demand, instant delivery service platforms played a crucial supporting role. Hangzhou SF Intra-city Industrial Co., Ltd. ("SF Intra-city" or the "Group", Stock Code: 9699.HK), China's largest third-party on-demand delivery service provider, is pleased to announce that the orders for comprehensive delivery surged by 87% year-on-year ("YoY") during May Day holiday, delivery orders from supermarkets and department stores grew by 177% YoY. Additionally, SF Intra-city launched dedicated solutions for cultural tourism instant delivery scenarios, with consumer services performing exceptionally well in third and fourth-tier cities such as Chaozhou and Dali, where C-end (consumer) order volume grew severalfold to dozens of times year-on-year.","length":999,"tagName":"p"},{"type":"text","content":"During the holiday, consumer sentiment was strong, with robust demand in the new-style tea beverage market. SF Intra-city's beverage delivery orders surged by 106% YoY during the May Day holiday period. As the preferred instant delivery service provider for new-style tea and coffee brands such as CHAGEE, Mixue Ice Cream & Tea, GuMing, and Luckin Coffee, the Group leveraged its flexible delivery capacity model of "in-store + commercial district + citywide" to ensure efficient fulfillment of online orders and smooth handling of peak periods.","length":568,"tagName":"p"},{"type":"text","content":"Beyond tea beverage stores, the Group closely collaborated with merchants across all scenarios in commercial districts, with supermarket and department store orders growing rapidly by 177% YoY. Other product categories, including pharmaceuticals, digital products, beauty products, and mother-and-baby products also recorded high double-digit year-on-year growth. This reflects that a growing consumer preference for instant delivery services for urgent and essential items, and a shift toward a new consumption pattern of "traveling ...
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