1.FedEx Announces Q2 2025 Fiscal Year Results

On December 23, FedEx reported its Q2 fiscal year 2025 results for the period ending November 30, 2024. Total revenue for the quarter was $21.97 billion, down 1% compared to $22.17 billion in the same period last year. Operating income for the quarter was $1.05 billion, a decrease of 18% from $1.28 billion in the same period last year. Net income for the quarter was $740 million, down 18% from $900 million last year.

Source: FedEx

2. FedEx Plans to Spin Off Freight Division into Independent Public Company

On December 23, FedEx announced plans to spin off its freight division into an independent publicly listed company, further advancing CEO Raj Subramaniam's efforts to streamline the parcel giant. The company plans to complete the separation within the next 18 months. In June, FedEx had already mentioned that it was evaluating this business, which led to market speculation about the potential sale or spin-off of the division. Bloomberg Industry Research estimates the freight division’s enterprise value at over $30 billion.

Source: FedEx

3.SF Express Reports 21% Year-on-Year Growth in International Business for November

On December 23, SF Express published its November earnings report. The combined revenue from SF Holdings' express logistics, supply chain, and international businesses was 25.196 billion RMB, a year-on-year increase of 6.73%. The express business generated 18.802 billion RMB in revenue, up 2.45% year-on-year, with 1.277 billion parcels handled, an 8.68% increase. The international and supply chain business earned 6.394 billion RMB, growing by 21.65%.

Source: Express Magazine

4.YTO, Yunda, and Shentong Release Latest Earnings

On December 23, YTO, Yunda, and Shentong Express announced their latest earnings. YTO Express reported a revenue of 5.828 billion RMB from express products in November, up 9.26% year-on-year, with 2.541 billion parcels completed, a 17.44% increase. The average revenue per parcel was 2.29 RMB, down 6.96% year-on-year. Yunda Express reported express service revenue of 4.598 billion RMB in November, a 0.26% increase, with 2.27 billion parcels handled, up 17.62%. The average revenue per parcel was 2.03 RMB, down 14.71%. Shentong Express reported a revenue of 4.529 billion RMB from express services, up 14.12% year-on-year, with 2.182 billion parcels handled, up 21.13%. The average revenue per parcel was 2.08 RMB, down 5.45%.

Source: Express Magazine

5. Temu Launches Semi-Dedicated Traffic Analysis Feature

On December 23, Temu launched a new semi-dedicated traffic analysis feature for sellers, aimed at boosting traffic growth in the short term. Sellers can increase traffic by lowering daily declared prices over a 14-day or 30-day period, with the option to return to regular pricing after the traffic boost period ends. The traffic growth page offers three recommended discount tiers, showing estimated sales growth for each price level, allowing sellers to choose the most suitable discount strategy.

Source: NetEase Ecommerce

6.Amazon Updates Sales Commissions and Fulfillment Fees for European Market

On December 23, Amazon announced updates to its sales commissions and fulfillment fees for its European marketplace, effective February 1, 2025. The minimum sales commission for special oversized items shipped via Amazon Fulfillment will drop from £25/€25 to £20/€20. Additionally, Amazon will lower the average fulfillment fees for both package and oversized items across its UK, Germany, France, Italy, and Spain sites.

Source: Amazon

7.TikTok Shop Experiences Explosive Growth in the U.S. Market

On December 23, a recent consumer trends report by Coefficient Capital and The New Consumer revealed that TikTok Shop has rapidly gained traction in the U.S. market. In November 2023, consumer spending on TikTok Shop surged 158% year-on-year. Over the 12 months from November 2023 to November 2024, the average order value on TikTok Shop was $35, with consumers placing an average of 5.3 orders. The repeat purchase rate on the platform is very high, with 75% of shoppers returning to buy again. Fashion and apparel were the most popular categories, attracting 45% of consumers.

Source: Coefficient Capital

8. Alibaba International Station GMV Grows 30% Year-on-Year Since December

On December 23, Alibaba’s international marketplace reported a 30% year-on-year increase in GMV since December. Core metrics such as global traffic and the number of paying buyers saw significant increases. The European market showed the fastest growth, with the number of paying buyers rising nearly 40%. In major European countries such as France, Germany, Italy, and Spain, Alibaba International's B2B ecommerce app for business buyers reached the top five in download rankings, with France even climbing into the top three. In France, key industries experiencing rapid growth on the platform included apparel, bags, footwear, health care, gifts, and consumer electronics, with the number of paying buyers increasing by over 100%.

Source: Alibaba International Station

9.Shopee Opens First Logistics Center in Brazil

On December 23, Shopee announced the opening of its first logistics center in Manaus, Brazil, to strengthen its logistics network in the Amazon region and improve market delivery efficiency. The expansion aims to optimize "last-mile" delivery services to meet the logistics needs of regional sellers and consumers. In addition to the new Manaus logistics center, Shopee also operates two other logistics centers in Palmas and Belém in the northern region, providing more convenient services for sellers and consumers. Currently, Shopee has built 12 distribution centers in Brazil, including 11 cross-docking centers and one comprehensive logistics center, forming a nationwide logistics network.

Source: Shopee

10.A Tycoon Plans to Acquire TikTok

On December 23, it was reported that TikTok will face a “sale or ban” mandate in January 2024, and ByteDance has repeatedly stated it will not sell its popular overseas app. Frank McCourt, a well-known U.S. real estate tycoon and former owner of the Los Angeles Dodgers, revealed in an interview with Bloomberg that he plans to acquire TikTok. McCourt stated that he and his team have had discussions with over 60 elected officials and decision-makers, including many from President Trump’s team.

Source: Bloomberg

11.China to Become the World’s Largest Aviation Services Market by 2043

On December 23, Airbus released its 2024-2043 Global Aviation Services Market Forecast. Airbus predicts that China’s civil aviation services market will surpass North America and Europe over the next 20 years to become the world’s largest aviation services market. Its market value is expected to grow from $23 billion in 2024 to $61 billion by 2043, achieving nearly threefold growth. According to Airbus's global market forecast, by 2043, China’s active fleet will reach 11,160 aircraft, with 9,520 new passenger and cargo aircraft deliveries, accounting for over 20% of global demand. The share of new aircraft replacing the existing fleet will be 26%.

Source: Civil Aviation Network of China

12.Urumqi-Bucharest Regular Cargo Route Launched

On December 23, a flight carrying 25 tons of cross-border e-commerce export goods took off from Urumqi Diwopu International Airport heading to Bucharest, the capital of Romania. This marks the official launch of the regular cargo route from Urumqi to Bucharest. The flight, operated by Kazakhstan’s Alpha Sky Airlines, is scheduled to fly twice a week, with a flight time of about nine and a half hours. This new route opens up a new air transport channel between China’s Xinjiang region and the European market.

Source: China News Network

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Public account: Cross-border E-commerce Logistics Baixiaosheng