Description
J&T Express, a leading ecommerce logistics company in Southeast Asia & China, filed its draft IPO prospectus to Hong Kong Stock Exchange on 16 June 2023
The Application Proof, as the substantially-complete draft IPO prospectus is called, gives a good glimpse into J&T’s business operations, financials, competitive standing and shareholders. The company subsequently needs to pass the hearing by HKEX, and go through a period of marketing, before the stock can start trading. This will usually take a few months.
In this document, we highlight a few key areas of the prospectus which we think are quite relevant to stakeholders of Southeast Asia’s ecommerce ecosystem.
Table of contents
1. Revenue growth, 2020 – 2022
2. Revenue contribution by region, 2020 – 2022
3. Parcel volume delivered by region, 2020 – 2022
4. Gross profit per parcel in each region, 2020 – 2022
5. Market share in SEA vs China, 2022
6. Top customers, 2020 – 2022
7. Key shareholders
8. J&T and its root in Oppo / BBK ecosystem
Who we work with
We work with leading platforms, global brands, investors, and ecosystem partners shaping digital economies across Asia and beyond.
Whether you’re collaborating with, competing against, or learning from China’s digital playbooks — we help you move with clarity and confidence.
We work with leading platforms, global brands, investors, and ecosystem partners shaping digital economies across Asia and beyond.
Whether you’re collaborating with, competing against, or learning from China’s digital playbooks — we help you move with clarity and confidence.