economy
Three major express delivery companies announce good news simultaneously, have they really turned around? - 36Kr
Profits have grown, but the pressure remains, and we cannot relax.
TL;DR
- Shantong, Yunda, and Yuantong have all announced significant year-on-year net profit increases for the first half of 2026.
- Shantong showed the most prominent growth, with net profit potentially increasing by over 100%.
- The companies attribute their profit growth to price recovery under 'anti-monopoly' policies and cost reductions achieved through intelligent applications.
- The article cautions that profit improvement does not equate to a stable foundation, and the industry still faces significant cost pressures.
- Future competition will focus on service experience, intelligence, and internationalization, all requiring substantial investment.
- Challenges remain in ensuring fair profit distribution to couriers and maintaining the hard-won price floor.
- Yunda is implementing a 'whole network integration, co-construction and sharing' strategy to foster collaboration and shared benefits.