Choosing an express delivery provider is straightforward when parcel volumes are small. But as an ecommerce business grows, delivery becomes a much bigger operational decision.
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48 min read
[Press] J&T Express Adjusted Net Profit Up 124.3% YoY in 1H 2026
Group revenue reached US$7.67 billion, a year-on-year increase of 39.5%.
Group adjusted net profit was US$350 million, a year-on-year increase of 124.3%.
Group's average daily parcel volume exceeded 100 million for the first time in the second quarter.
Hong Kong, 20 August 2026 — J&T Global Express Limited ("
J&T Express" or "
J&T" or the "
Company", stock code: 01519.HK), a global logistics service provider, today announced its Interim Results 2026 ("1H2026"). In 1H2026, the Company sustained steady development across its global business, providing solid momentum for overall business growth. Revenue reached US$7.67 billion, up 39.5% YoY. Revenue from express delivery services reached US$7.46 billion, up 39.6% YoY.
In 1H2026, the Company's total parcel volume reached 17.50 billion, up 25.1% YoY. In the second quarter, the Company's global average daily parcel volume exceeded 100 million for the first time, marking a new stage in the Company's fulfillment scale. Alongside scale expansion, the Company's profitability improved significantly. Adjusted net profit reached US$351 million, up 124.3% YoY, while adjusted EBIT reached US$434 million, up 121.7% YoY. The Group's adjusted EBIT per parcel also achieved notable growth, reflecting the benefits of economies of scale, cost control and customer structure optimization. In June 2026, the Company was included as a constituent stock of the Hang Seng Index, officially becoming a Hong Kong blue-chip company.
Dylan Tey, Chief Financial Officer of J&T Express, said: "In 1H2026, the Company expanded its revenue base and significantly strengthened profitability. The Group's adjusted EBIT per parcel reached US$0.025, up 77% YoY. The improvement in both revenue and profitability was driven by parcel volume growth supported by the globalization of e-commerce and diversified customer expansion, as well as continued improvements in service quality and operational efficiency. In 1H2026, the Group's operating cash flow reached US$640 million, up 50.9% YoY. As of the end of the reporting period, the Group maintained ample cash resources, with cash and cash equivalents, restricted cash and bank wealth management products totaling US$2.91 billion. We have always placed great emphasis on shareholder returns. In 1H2026, the Company completed the repurchase of 99.318 million shares, and on June 25 announced an increase in the size of its new share repurchase plan to HK$2.0 billion."
Market Share in Southeast Asia Rises Further; Leadership Position Remains Solid
Southeast Asia was an important driver of J&T's business growth in the first half of the year. In 1H2026, parcel volume in Southeast Asia reached 5.523 billion, up 71.2% YoY, with average daily parcel volume reaching 30.50 million. According to Frost & Sullivan, by parcel volume, the Company has ranked first in the Southeast Asian market for six consecutive years since 2020, with its leading position further strengthened.
The Company continued to capture opportunities arising from regional e-commerce and social commerce development. Leveraging its extensive network coverage, stable fulfillment capabilities and localized operating experience, J&T strengthened its regional service capabilities. As of June 30, 2026, the Company operated 127 sorting centers in Southeast Asia, with the number of automated sorting lines increasing by 11 from the end of 2025 to 75, providing strong support for regional parcel volume growth and service quality improvement. At the same time, the Company advanced the development of last-mile automation capabilities in Southeast Asia by equipping outlets with automated equipment, improving frontline efficiency and reducing overall operating costs.
The Company also actively expanded its non-platform business, covering diversified customer groups such as social commerce merchants, online businesses of chain brands, enterprise customers and individual parcel customers. It also promoted time-definite products such as same-day and next-day delivery for non-platform customers, improved door-to-door pickup coverage, upgraded outlet appearances, and enhanced courier service evaluation mechanisms to support more diversified fulfillment scenarios.
China Market Grows Steadily amid High-Quality Industry Development
In China, the industry has entered a high-quality development cycle, while J&T has focused on service quality, network stability and end-to-end cost optimization, with market share extending its gains. In 1H2026, parcel volume in China reached 11.615 billion, up 9.6% YoY, with average daily parcel volume reaching 64.20 million. According to Frost & Sullivan data, by parcel volume, the Company's market share in China increased to 11.6%, up 0.5 percentage points YoY.
The Company continued to strengthen its network capabilities, helping network partners improve their market expansion, customer service and overall operating capabilities. Through enhanced value-added services such as door-to-door service, dedicated customer service, priority service channels and the “Tuyouda” service, the Company improved service adaptability and response efficiency. In terms of business structure, the Company actively expanded diversified customer groups, including brand customers, individual parcel customers and industrial belt customers, and deepened its presence in key industrial belts such as footwear, apparel and women's fashion, providing customized solutions for merchants' core needs such as packaging protection and pickup timeliness.
In smart logistics, the Company expanded the deployment of unmanned delivery vehicles in China. As of June 30, 2026, more than 1,900 unmanned delivery vehicles had been deployed across the network, up 87% from the end of 2025. The Company also deepened the application of AI to further improve service experience and operating efficiency.
Other Markets Maintain Rapid Growth; Localized Partnerships Continue to Deepen
In Other Markets, the Company maintained rapid business growth. In 1H2026, parcel volume in Other Markets reached 365 million, up 119.9% YoY. Frost & Sullivan data shows that, by parcel volume, the Company's market share in Other Markets increased from 6.2% in the first half of 2025 to 8.9%.
The Company seized e-commerce development and cross-border logistics opportunities in regions such as Latin America and the Middle East, deepening cooperation with global e-commerce platforms and short-video livestreaming platforms including TikTok, SHEIN, Temu, Kwai and AliExpress. It also strengthened its cooperation with local e-commerce platforms, deepening cooperation with Mercado Libre in Brazil and Mexico and continuing to reinforce partnerships with Noon and Salla in the Middle East, further expanding its local business opportunities.
As of June 30, 2026, the Company had 52 sorting centers and more than 2,700 outlets in Other Markets, and had deployed 14 automated sorting lines. The Company actively explored flexible last-mile fulfillment models tailored to the needs of different markets, working with market players possessing local resources and operational experience to address fulfillment challenges in complex market environments. At the same time, by leveraging mature experience accumulated in China and Southeast Asia, J&T improved local network coverage, operating efficiency and service quality to better capture opportunities arising from e-commerce development and growing express delivery demand in regions such as Latin America.
From the perspective of global network layout and transportation capabilities, in the first half of 2026, the Company operated 260 sorting centers globally, had approximately 19,800 outlets, 435 automated sorting lines and approximately 13,380 line-haul vehicles, including approximately 8,500 self-owned line-haul vehicles. To meet customer needs, the Company actively expanded service scenarios including cross-border e-commerce, brand customers, non-platform parcel business and fulfillment warehouses, extending its fulfillment service chain. The Company currently has a total of 272 warehouses worldwide, with a total area of over 1.01 million square meters.
Charles Hou, Group Vice President of J&T Express, said: "In 1H2026, J&T achieved strong growth in global parcel volume. The scale benefits and fulfillment capabilities of J&T's global network continued to strengthen, with profitability also improving. We are committed to strengthening operating quality and efficiency to drive steady business scale expansion. In the second quarter, the Company's global average daily parcel volume exceeded 100 million for the first time. Looking ahead, we will tailor our approach to the development stage of each market, stay guided by customer needs, continue to refine service quality, capture opportunities from global expansion, and drive steady, long-term growth across our global business."
Topics: Company Updates
15 min read
How to Choose Express Delivery for SEA ECommerce
Choosing the right express delivery partner can make or break your ecommerce business in Southeast Asia. Consumer needs may be evolving as the ecommerce industry advances, fast and reliable delivery remains the top priority. J&T Express has built its reputation helping regional sellers solve exactly this problem with platform integrations and trackable deliveries across Southeast Asia.
Topics: Last Mile Delivery
45 min read
[Press] J&T Express Surpasses 100 Million Daily Parcels in Q2 2026
J&T Express
Average
Daily Parcel Volume Exceeds 100 Million in the Second Quarter of 2026
Southeast Asia Parcel Volume Up 63.2% YoY and
Other Markets Parcel Volume Up 136.5% YoY
HONG KONG, July 8, 2026 — J&T Global Express Limited ("J&T Express" or "J&T" or the "Company", stock code: 1519.HK), a global logistics service provider, today announced its business update and operating metrics for the second quarter ended June 30, 2026. During the reporting period, the Company's total parcel volume reached 9.177 billion, up 24.2% year-on-year ("YoY"), with average daily parcel volume reaching 101 million. The quarterly average daily parcel volume crossed the 100 million milestone, marking a new stage in the Company’s business development. Non-China parcel volume reached 2.966 billion, up 66.9% YoY, accounting for 32.3% of total parcel volume and representing an increase of 8.3 percentage points from the same period last year. For the first half of the year, the Company's total parcel volume reached 17.503 billion, up 25.1% YoY, while non-China parcels accounted for 33.6%, an increase of 9.4 percentage points YoY. The Company maintained strong growth overall. Southeast Asia and other markets sustained high growth, China delivered steady growth, and the scale and operating capabilities of the global network continued to improve.
As a leading express logistics provider in Southeast Asia, J&T Express maintained strong growth in the region in the second quarter. Parcel volume in Southeast Asia reached 2.755 billion, up 63.2% YoY, with average daily parcel volume reaching 30.3 million. For the first half of the year, parcel volume in the region reached 5.523 billion, up 71.2% YoY. The Company continued to enhance regional fulfillment capabilities through network optimization and infrastructure investment. As of June 30, 2026, the number of sorting centers in Southeast Asia increased by 6 from the end of 2025 to 127, while automated sorting lines increased by 11 to 75, providing strong support for the region's sustained robust e-commerce and express delivery demand.
In China, J&T Express adapted to industry changes by proactively adjusting its strategy and continuing to optimize its network structure, customer resources and operating efficiency. In the second quarter, parcel volume in China reached 6.211 billion, up 10.6% YoY, with average daily parcel volume reaching 68.2 million. In the first half of the year, automated sorting lines in China increased by 8 to 346, further supporting parcel volume growth and improved sorting efficiency.
In other markets, parcel volume in the second quarter reached 211 million, up 136.5% YoY, with average daily parcel volume reaching 2.3 million. The YoY growth rate further increased from the first quarter. The Company continued to capture e-commerce development and cross-border logistics opportunities in regions including Latin America and the Middle East, and deepened cooperation with global e-commerce platforms such as TikTok, TEMU, SHEIN and AliExpress, as well as local e-commerce platforms including Mercado Libre, further expanding its business opportunities in emerging markets. Along with business expansion, as of June 30, 2026, the number of outlets in other markets increased by about 700 from the end of 2025 to 2,700, and the number of sorting centers increased by 8 to 52, providing support for the rapid scale-up of business in other markets.
J&T Express' global footprint and growth prospects continued to attract capital market attention. In June, the Company was included as a constituent of the Hang Seng Index, officially joining the ranks of Hong Kong blue-chip stocks, reflecting the market’s strong recognition of the Company’s business resilience and long-term value. The Company will continue to improve service quality and operating efficiency around customer needs, continue to invest in infrastructure and strengthen the development of its global logistics network, laying a solid foundation for long-term and steady development.
Topics: Company Updates
45 min read
[Press] J&T Express "Double 6" Parcel Volume Hits New High
Robust Infrastructure Supports Volume Surge, J&T Express Efficiently Safeguards Southeast Asian Merchants' Peak Season Fulfillment During "Double 6"
HONG KONG, 9 June, 2026 - Following the conclusion of the "Double 6" mid-year shopping festival in Southeast Asia across major e-commerce platforms, global logistics service providerJ&T Express delivered an outstanding performance. During the core promotional period, its overall parcel volume surged by 83.5% year-over-year ("YoY") to 213 million parcels, setting new records in core markets including Indonesia, Thailand, Malaysia, Vietnam, and the Philippines.
During the "Double 6", J&T Express's average daily parcel volume in Southeast Asia reached 35.51 million. On June 2nd, the peak business day, the single-day parcel volume exceeded 37 million. Notably, the Indonesian and Thai markets performed exceptionally well, with cumulative parcel volumes increasing by 112% and 89% YoY, respectively. Leveraging its deeply covered line-haul and last-mile networks, J&T Express swiftly responded to the region-wide surge in parcel volume within a short period, ensuring the stable and efficient operation of its overall network.
To ensure the highly efficient operation of the entire Southeast Asian network during the promotional period, J&T Express proactively advanced infrastructure upgrades, transport capacity reserves, and human resources allocation across various markets ahead of time. In terms of capacity expansion, in addition to newly constructing and upgrading core sorting facilities in markets such as Thailand and the Philippines, J&T Express continued to drive the automated transformation of its operational processes. Automated and specialized sorting equipment were widely deployed at sorting centers and last-mile outlets across multiple Southeast Asian countries. Through the extensive synergy of intelligent equipment, J&T Express achieved a significant improvement in overall network operational efficiency.
In terms of transport capacity and human resources reserves, multiple countries also collaborated to ensure last-mile elasticity. Thailand newly purchased and deployed multiple line-haul and branch-line vehicles; the Philippines planned for an approximate 30% increase in human resources; and Vietnam established a three-tier flexible support team covering operations, dispatching, and comprehensive support, capable of supporting an additional daily capacity of approximately 120,000 parcels during the peak season.
In terms of technological empowerment, J&T Indonesia fully introduced an AI-based digital and intelligent system to monitor parcel flows in real time, ensuring the smooth distribution and circulation of massive parcel volumes during the promotional period. Concurrently, this system maintained close coordination with frontline operation teams, helping them efficiently address unexpected situations such as extreme weather or natural disasters, ensuring smooth and highly efficient parcel circulation during the peak season.
Regarding deepening localized operations and employee care, J&T Express also took several pragmatic measures. For key merchants, J&T Vietnam provided special support by extending the door-to-door pickup time by two hours, helping merchants improve their shipping rates and reducing order delays caused by missed pickups. In Thailand, focusing on the growth needs of small and medium-sized merchants, J&T Express launched a "Joint Advertising" initiative, covering all 38 MRT stations across Bangkok and leveraging 1,200 electronic screens on 54 trains to boost merchant exposure. Furthermore, in response to the persistent high temperatures in Thailand, major sorting centers were regularly equipped with cooling facilities, and free beverages were provided to all frontline staff during the final sprint of the peak season, demonstrating its commitment to safeguarding peak operations with practical actions.
The successful fulfillment during the "Double 6" shopping festival once again validates J&T Express's profound accumulation and leading position in the Southeast Asian market. Through region-wide network synergy, regular infrastructure upgrades, the application of cutting-edge AI technologies, and refined localized operations, J&T Express not only successfully handled the mid-year traffic surge but also provided stable, swift, and reliable logistics guarantees for e-commerce platforms, merchants, and consumers. Looking ahead, J&T Express will continue to deepen its presence in the Southeast Asian market, continuously increase investments in global logistics infrastructure construction and digital transformation, and commit to comprehensively empowering and driving the prosperity of the regional e-commerce ecosystem through a constantly optimized global intelligent logistics network.
Topics: Company Updates
6 min read
What Is Express Delivery Management in E-Commerce
Express delivery management is the end-to-end process of getting parcels from your warehouse to customers' doorsteps as quickly as possible. For e-commerce businesses, it covers everything from order processing and inventory positioning to carrier coordination and last-mile delivery. J&T Express Singapore helps online sellers simplify this process with integrated solutions and real-time tracking across the entire delivery journey.
