1. FLX partners with Hangzhou to pilot low-altitude logistics network. 2. The project integrates drones for efficient urban delivery and logistics. 3. FlashEx boasts a flawless incident record in initial operation routes. 4. By late 2025, FLX aims to scale this logistics model across China. 5. Focus on technology investment to support emerging logistics solutions.
The strategic partnership and technological investments signal future growth, similar to Amazon's logistics expansions that positively impacted its share price.
The innovative logistics initiative positions FLX in a growing market, likely enhancing investor interest and driving future revenue growth.
The implications of a scalable logistics model could evolve over years, akin to FedEx's gradual expansion into integrated logistics services.
BEIJING, Oct. 9, 2025 /PRNewswire/ -- BingEx Limited (NASDAQ:FLX), a Nasdaq-listed company best known through its business brand FlashEx, the leading on-demand dedicated courier service provider in China, has partnered with Hangzhou city and local businesses to launch a city-wide low-altitude logistics network, now in commercial pilot. The project combines low-altitude infrastructure, last-mile delivery demand, and intelligent drone capacity to create an efficient, safe, and sustainable urban air-logistics system.
Drawing on over 11 years of operational expertise, a nationwide network covering 297 cities, and a user base of hundreds of millions, FlashEx delivers precise order forecasting, site recommendations for takeoff and landing, route planning, and intelligent scheduling to drive low-altitude logistics and maximize efficiency. The city-level solution spans four key modules: infrastructure, demand integration, capacity supply, and operations management. Its first routes are already live, with a flawless "zero-incident, zero-accident" record.
Low-altitude logistics, a key driver of next-generation productivity, goes beyond on-demand delivery to provide efficient solutions for long-distance, time-sensitive, and specialized orders. By integrating drones with on-site teams, it lightens riders' workloads, minimizes risks, and elevates both service quality and the end-user experience.
By the end of 2025, FlashEx aims to establish an initial city-wide low-altitude logistics network in Hangzhou, creating a scalable and replicable model to drive China's low-altitude economy. The company will continue investing in technology, expanding its footprint in this emerging logistics segment, and supporting the development of modern industrial systems and consumer services.
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SOURCE BingEx Limited