Parcel deliveries reached a new high of 120 billion items this week, up 8.5% from all of 2022. The new milestone reflects growth in Chinese ecommerce, which saw steady growth in the third quarter, especially budget platform operator PDD. — SCMP
The number of delivered parcels in China this year has reached a new high of 120 billion items, the State Post Bureau said on Tuesday, “reflecting the upwards trend of the country’s consumer market”, offering good news for the country’s ecommerce giants grappling with a slow economic recovery.
The current rate of deliveries is an average of nearly 100 per person this year, making China the top market for parcel deliveries in terms of volume and intensity. India, the world’s most populous country, delivered 88.8 million parcels last year while the US delivered 21.2 billion in the same period.
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