JawDropping Insights | Chinas Explosive ECommerce Growth Logistics Revolution

Jaw-Dropping Insights | China's Explosive E-Commerce Growth & Logistics Revolution

When raising money, people have often asked: "How can you be successful with no internet, no logistics, no credit cards, no money, no talents in China?" These questions have challenged us year after year. The reality is, everyone is dealing with a lack of money. For entrepreneurs, this scarcity presents a unique opportunity to think creatively.

We collaborated with local entrepreneurs who were eager to deliver goods from their own villages, home cities, and provinces. Today, we facilitate the delivery of 65 million packages per day in China. At its peak, this system provided jobs to three million people.

Fifteen years ago, China's logistics system was in dire straits. It was so slow that the China Post was often compared to Russia's current postal service. Yet, despite these hurdles, we saw potential for growth. China is a populous country, and we viewed this as an opportunity rather than a challenge.

In developing countries like China, the logistics cost as a percentage of GDP is around 12%, compared to 6-7% in more developed nations. Thanks to the internet, we've been able to reduce this figure to between 6% and 7%, a significant improvement.

Keywords

Entrepreneurship
Logistics
E-commerce
China
Economic Growth
Delivery System
Developing Countries
Internet
GDP
Job Creation

FAQ

Q: How do you see the challenges in China's logistics system as an opportunity? A: We view the lack of efficient logistics and other resources in China as a chance for entrepreneurs to think creatively and develop innovative solutions.

Q: How many packages does your system deliver daily in China? A: We facilitate the delivery of 65 million packages per day.

Q: How many jobs were created at the peak of your logistical operations? A: At its highest, our system helped provide jobs to three million people.

Q: What was the state of China's logistics system fifteen years ago? A: China's logistics system was very slow and inefficient, comparable to the current state of Russia's postal service.

Q: How has the cost of logistics in China changed? A: The logistics cost as a percentage of GDP has been reduced from around 12% to between 6% and 7%, thanks to advancements facilitated by the internet.