Question · Q1 2025
Susan Zhang of CICC asked about the spillover effects from intense competition in on-demand retail on FlashEx's B2B and B2C businesses, and also inquired about changes to rider incentives since the start of the year.
Answer
Executive Peng Xue explained that the impact from broader market competition is limited due to FlashEx's differentiated focus on high-value, time-sensitive deliveries for both B2B and B2C clients. Regarding riders, he detailed increased investment in their well-being, including enhanced rewards, career development opportunities, and participation in a government-led pilot program for occupational injury protection, funded on a per-order basis.
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