In early 2026, the commerce and logistics sector witnessed a series of significant changes, with the strategic moves of numerous companies attracting widespread attention.
On the evening of January 13, Deppon Logistics announced its intention to voluntarily withdraw its A-shares from the Shanghai Stock Exchange through a shareholders’ meeting resolution, and to apply for continued trading on the National Equities Exchange and Quotations (NEEQ) delisting board after obtaining the delisting decision. The cash option exercise price is 19 yuan per share. This is the first A-share company to voluntarily terminate its listing in 2026, and its shares resumed trading on January 14. Simultaneously, JD Logistics’ wholly-owned subsidiary will acquire all remaining shares of Deppon at 19 yuan per share after obtaining shareholder approval. Express delivery industry experts believe this demonstrates JD Logistics’ recognition of Deppon’s asset quality and will help improve its overall valuation in the international capital market.
On the evening of January 13, Deppon Logistics announced its intention to voluntarily withdraw its A-shares from the Shanghai Stock Exchange through a shareholders’ meeting resolution, and to apply for continued trading on the NEEQ delisting board after obtaining the delisting decision. The cash option exercise price is 19 yuan per share.
On January 15th, SF Holding and J&T Express reached a cross-shareholding agreement, with an investment transaction amount of HK$8.3 billion. Upon completion of the transaction, SF Holding will hold 10% of J&T Express’s shares, while J&T Express will hold 4.29% of SF Holding’s shares. This cooperation aims to leverage the strengths of both parties to build a globally integrated logistics network, enhance the competitiveness of end-to-end cross-border logistics solutions, and expand the boundaries of domestic business services. On the same day, Qianwen App fully integrated with multiple ecosystem businesses of Alibaba, including Taobao and Taobao Flash Sale, launched AI shopping functions, and opened them for testing to all users. However, the capital market reacted calmly, with Alibaba’s Hong Kong-listed shares falling 2.6% that day. Although commercial conversion rates need to be improved in the short term, e-commerce giants are more focused on seizing the new paradigm of future e-commerce consumption. Qianwen App will launch over 400 AI-powered services, realizing a closed-loop consumption process from decision-making to transaction. On January 14, Wang Jun, Deputy Director of the General Administration of Customs, introduced the import and export situation for the whole year of 2025. my country’s foreign trade import and export reached 45.47 trillion yuan, an increase of 3.8%, setting a new historical record and maintaining its position as the world’s largest trading nation in goods. Import and export showed characteristics such as record-breaking scale, more diversified markets, exports trending towards new and better products, imports maintaining growth, and stronger enterprise vitality. On January 17, China Post and Beniao Express launched in-depth cooperation on issues such as logistics to rural areas and the construction of last-mile service networks, reaching a consensus on jointly building a three-tiered logistics system at the county, township, and village levels. This will fill the service gaps of Beniao Express, improve the quality and efficiency of rural logistics services, and contribute to rural revitalization. On January 15th, Chengdu International Railway Port issued the nation’s first “single bill of lading” for the Chengdu-Shenzhen-Hong Kong rail-sea intermodal transport, conforming to the United Nations Convention on Transferable Documents of Goods. This establishes a new logistics artery for Sichuan goods leaving the province and addresses the trade financing difficulties faced by small and medium-sized enterprises. Simultaneously, it achieves deep integration with relevant systems at Yantian Port, enhancing logistics transparency and overall controllability. On the same day, Meituan entered the automotive sales sector, signing a strategic cooperation agreement with Shanghai Xiche Future Intelligent Technology Co., Ltd. to build a one-stop service platform integrating “car purchase and use + local life.” This aims to broaden business boundaries and open up new growth opportunities. Also on January 15th, Zhongshan Public Transport Group, Zhongshan SF Express Co., Ltd., and Shenzhen Bus Group launched the “Shenzhen-Zhongshan Half-Day Delivery” service, leveraging the Shenzhen-Zhongshan intercity bus line to innovatively integrate transportation resources and express delivery services, improving cross-city logistics efficiency. Also on January 15th, JD.com launched the industry’s first “AI New Year’s Goods Map” system, making it free for all merchants on the platform to help them accurately allocate warehouses, scientifically prepare inventory, and simplify restocking before the Spring Festival. Recently, Xiaohongshu and Meituan reached the “Red Beauty Plan,” initially opening up Meituan’s pharmacy section. Users can jump from Xiaohongshu to Meituan’s pharmacy section with one click and enjoy instant delivery, driving up brand search volume and reducing order costs.
