China logged a record 180 billion express deliveries in the first 11 months of the year, reports the South China Morning Post. The country’s online shopping platforms continue to perform well despite a slowing economy.
The parcel deliveries reached as high as 777 million per day from January to November, according to the State Post Bureau, though analysts cautioned that vendors were often relying on large discounts and return policies to attract buyers.
China has been the world’s largest parcel delivery market for over a decade. Last year, the country recorded a total of 174.5 billion express deliveries, a 21 per cent increase from 2023.