HONG KONG, July 3, 2024 /PRNewswire/ -- Hangzhou SF Intra-city Industrial Co., Ltd. ("SF Intra-city", or the "Group"; Stock Code: 9699.HK), China's largest third-party on-demand delivery service provider, officially launched the "SoFast" brand in Hong Kong on 1 July, 2024. It marks the first time the Group extended its on-demand delivery service beyond mainland China, signifying its initial step towards expanding into overseas markets.
SF Intra-city's "SoFast" is dedicated to offering users professional, efficient, and diversified intra-city on-demand delivery solutions. Initially, the service will be available through the SF Hong Kong mobile App (SFHK App), providing the fastest delivery in one hour which enhances the efficiency of the current local express logistics. The service will cover various categories, including documents, flowers, food and beverages, jewelry, and digital electronics.
Hong Kong users can select the "SoFast" service when placing orders through the SF-EXPRESS App, update to the latest version, to access SF Intra-city's full-category on-demand delivery service in town. New users and existing users could enjoy high discount coupons for their orders. Orders can be placed 24/7, ensuring that users receive swift and professional responses to their on-demand needs, aligning with the slogan "So Fast So Good."
The "SoFast" on-demand delivery service of SF Intra-city aims to leverage its advantages of speed, accuracy, real-time tracking, and professional reliability to address customers' urgent needs. In the initial stage, the service will be available for pickups in the densely populated Yau Ma Tei, Tsim Sha Tsui and Mong Kok ("Yau Tsim Mong District") and delivered across Hong Kong. The service will gradually expand to cover more regions, with the goal of providing citywide coverage by the end of the year.
Data from the Hong Kong Census and Statistics Department shows that local courier businesses in Hong Kong experienced rapid growth in recent years, with an average business revenue growth of 106.7% from 2012 to 2020, far exceeding the international courier activities growth rate of 25.7%. A survey targeting Hong Kong small and medium-sized enterprises ("SMEs") revealed that over 66% of them believe customers prefer same-day or instant delivery services, and as high as 68% stated that customers expect to receive goods within specified time frames. These findings highlight the high demand among Hong Kong consumers for fast and timely delivery, indicating significant potential for the on-demand delivery market in Hong Kong.
Furthermore, the overall demand for both food and non-food delivery in Hong Kong has a tremendous growth potential, with a compound annual growth rate of over 50% in the past five years. According to the market research firm Statista, the penetration rate of food delivery in Hong Kong is projected to be only 3% by 2025, while mainland China's penetration rate is 30%, indicating a significant room for expansion. Research conducted by the Hong Kong Trade Development Council reveals that e-commerce sales accounted for only around 10% of the total retail sales in Hong Kong in 2022, highlighting a substantial gap and growth potential compared to the global e-commerce penetration rate of 30%-40% in countries such as the mainland China, the United States, and South Korea.
The official launch of SF Intra-city's "SoFast" will impact the on-demand logistics market in Hong Kong by providing high-quality and efficient services, including comprehensive delivery solutions for both food and non-food products. In addition to better delivery speed and quality, SoFast is expected to further promote diversified new retail models, such as brand-owned channels, and catalyze more mainland brands to expand into the Hong Kong market. Additionally, in August 2023, SF Intra-city partnered with Meituan, another food delivery platform, to jointly build a delivery network for mainland merchants, co-creating the on-demand delivery industry ecosystem. Introducing "SoFast" in Hong Kong is not intended to compete with platforms like "KeeTa" but rather strengthens the foundation of the on-demand delivery ecosystem. It also opens opportunities for cooperation with various food delivery platforms, e-commerce platforms, and new retail brands in Hong Kong, collectively expanding the market.
SF Intra-city is actively recruiting a large number of rider partners, including walkers, bicycle riders, drivers of motorcycles, passenger cars, and vans in Hong Kong. The rider-specific mobile application (app), "SoFast Rider", for the Hong Kong region is now available for public download on major mobile app stores. Users can register as the riders with just a mobile phone number, select their working areas, upload identification documents, and undergo offline training to qualify for order assignments. The platform's delivery tasks would focus on documents, small packages, and other non-food deliveries recently. The per-kilometer income for deliveries is twice as high as that of other food delivery platforms, with potential earnings of up to HK$300 per hour. Additionally, the Group has launched a referral rewards program, encouraging existing "SoFast" delivery partners to recommend friends to join, with rewards reaching over HK$800. Both the referrer and the new joiner can benefit from a successful referral. The more referrals and deliveries, the greater the rewards. Interested individuals can follow SF Intra-city's official communication channels on mobile apps like WhatsApp and Telegram for delivery partner registration procedures and more information.
Looking ahead, SF Intra-city aims to further benchmark its mainland China services, developing and expanding "pick-up and delivery" services for individual users and integrating more merchant-owned apps and food delivery platforms. Leveraging deep collaboration and integration with the SF Group, SF Intra-city aims to support the development of "last-mile" business and building an integrated supply chain solution. It will provide scalable, open, and round-the-clock professional services to merchants, users, and significant commercial and logistics platforms, enabling order fulfillment from diverse channels. The goal is to achieve full coverage of food delivery, local retail, proximity e-commerce, and on-demand services. SF Intra-city aims to bring a new perspective to Hong Kong by introducing a comprehensive third-party on-demand delivery model. After accumulating overseas expansion experience in this highly internationalized Greater Bay Area city, this milestone launch serves as a springboard for further exploration of opportunities in overseas markets.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
SF Intra-city (9699.HK) "SoFast" Officially Launches in Hong Kong, with 24/7 One-Hour Intra-City Delivery Service, Starting in Yau Tsim Mong District Riders can earn additional rewards through referrals
Presenting an Authentic and Immersive Macau Experience to Visitors Under One Roof
KUALA LUMPUR, Malaysia, July 5, 2024 /PRNewswire/ -- Galaxy Macauâ„¢, The World Class Integrated Resort ("Galaxy Macau"), has been actively supporting and participating in Macau SAR Government's promotional activities, and continuously working with the government and industry partners to expand international visitor sources. The "Experience Macao Malaysia Roadshow", organised by the Macao Government Tourism Office, was officially launched on 5 July 2024 in Kuala Lumpur at Sunway Pyramid Shopping Mall. The four-day event (5 to 8 July) aims to showcase the diverse tourism products in Macau to international tourists, attracting travellers to choose Macau as a travel destination. Galaxy Macau is also shining with its exciting tourism products by presenting its unparalleled luxury offerings and its one-stop luxury resort experience as Asia's leading destination for leisure, entertainment, dining, events and conferences.
Galaxy Macau proudly supports and aligns with the Macao SAR government's efforts to extend Macau's reach into the Southeast Asian market. The world-class integrated resort's iconic booth at the Malaysia Roadshow, showcasing the grand landscape of the integrated resort. Visitors to the booth can not only enjoy the interaction and photo moment with the adorable GalaxyKidz mascot "Wavey" the Peacock at the photobooth, but also experience the unique charm of Macao's "tourism+" offerings, reflecting Galaxy Macau's commitment to promoting Macau as a World Centre of Tourism and Leisure.
There are also daily lucky draws during the roadshow where visitors can stand a chance to win prizes sponsored by Galaxy Macau.
Starting from MYR271++ per night, Galaxy Macau is offering roadshow-exclusive offers for stays between 12 July to 30 November 2024 from a selection of world class hotels – Andaz Macau, Broadway Hotel, Galaxy Hotel™, Hotel Okura Macau or Banyan Tree Macau. Booking period opens from 5 to 19 July 2024. Applicable to all five hotels, the offer includes free access to the Grand Resort Deck and free minibar, immersing guests in a comprehensive one-stop integrated resort experience.
A Macao Travel Trade Seminar & Minimart was also conducted at the Sunway Resort Hotel Ballroom on 4 July 2024 in conjunction with the "Experience Macao" Malaysia Roadshow, where guests were presented with the latest hotel information on Andaz Macau, Broadway Hotel, Galaxy Hotelâ„¢, Hotel Okura Macau, Banyan Tree Macau, and Galaxy International Convention Centre (GICC).
Remaining the top integrated resort globally with the most Forbes five-star hotel honors under one roof – Galaxy Macau spans over 1.1 million square-meters and is renowned for its unparalleled mix of entertainment and leisure attractions that are unmatched in Macau. With 8 award-winning world-class luxury hotels to choose from, guests are spoilt for choice. Water sports enthusiasts can make a splash at the 75,000-square-meter Grand Resort Deck – the world's leading skytop oasis. Foodies meanwhile can indulge in a selection of over 120 dining options, ranging from Michelin-starred establishments to local street food legends; a delectable selection that has earned Galaxy Macau the distinction of being Asia's premier dining destination. For an authentic Asian street food adventure, guests can cross the link bridge to explore vibrant local and Asian cuisines at Broadway Food Street. Fashionistas will adore Galaxy Promenade, an award-winning shopping destination spread over 100,000 square-meters. Luxury flagship stores, designer boutiques and high-street labels contribute to over 200 world-renowned luxury fashion and lifestyle brands. For live performances and events, the 2,500-seat Broadway Theatre plays host to a diverse range of live shows, events and cultural activities from around the world with up-close and personal experiences. Galaxy Macau opened two world-class hotels – Raffles at Galaxy Macau and Andaz Macau, with GICC as its latest addition to the Group's ever-expanding integrated resort precinct, ushering a new era for the MICE industry in Macau. GICC is a world-class event venue featuring 40,000 square-meters of total flexible MICE, and a 16,000-seat Galaxy Arena – the largest indoor arena in Macau. In April 2024, Galaxy Macau also announced the launch of Capella at Galaxy Macau, further solidifying the destination's undisputed reputation as Macau's Ultimate Luxury Integrated Resort.
Galaxy Macau has always adhered to its "World Class, Asian Heart" service philosophy to offer exceptional experiences for guests from all around the world. As the city gears up for a continuing wave of international tourism, Galaxy Macau looks forward to welcoming visitors with award-winning accommodations, unforgettable leisure experiences, and unparalleled shopping, dining and entertainment all under one roof. In the future, Galaxy Macau will continue to launch more world-class events to enhance Macau's positioning as a World Centre of Tourism and Leisure.
More high-res images of the Experience Macao Malaysia Roadshow can be found in the virtual media kit.
About Galaxy Macau Integrated Resort
Galaxy Macauâ„¢, The World-class Luxury Integrated Resort delivers the "Most Spectacular Entertainment and Leisure Destination in the World". Developed at an investment of HK$43 billion, the property covers 1.1 million-square-meter of unique entertainment and leisure attractions that are unlike anything else in Macau. Eight award-winning world-class luxury hotels provide close to 5,000 rooms, suites and villas. They include Banyan Tree Macau, Galaxy Hotelâ„¢, Hotel Okura Macau, JW Marriott Hotel Macau, The Ritz-Carlton, Macau, Broadway Hotel, Raffles at Galaxy Macau, Andaz Macau. Unique to Galaxy Macau, the 75,000-square-meters Grand Resort Deck features the world's longest Skytop Adventure Rapids at 575-meters, the largest Skytop Wave Pool with waves up to 1.5-meters high and 150-meters pristine white sand beach. Two five-star spas from Banyan Tree Spa Macau and The Ritz- Carlton Spa, Macau help guests relax and rejuvenate.
As the dining destination in Asia, Galaxy Macau offers a wide variety of gastronomic delights, exquisite experiences and ingredients of the finest quality with over 120 dining options from Michelin dining to authentic delicacies; Galaxy Promenade is the hottest shopping destination featuring the latest in fashion and curated experiences in Macau. Spanning over 100,000-square-meters, luxury flagship stores, lifestyle boutiques and our selection of labels are among the more than 200 world-renowned brands for a world-class shopping journey; Galaxy Cinemas, immersive thrills and luxurious comfort go hand in hand at Galaxy Cinemas. All 10 theaters are equipped with the latest audio-visual technology; CHINA ROUGE, one-of-a-kind deluxe lounge that evokes the glitz and glamor of Shanghai's golden era with entertainment in luxury and style; and Foot Hub presents the traditional art of reflexology to make you feel more relaxed and revitalized. For Authentic Macau Flavours & Vibrant Asian Experiences, Broadway Macau – just a 90-second walk via a bridge from Galaxy Macau, has over 35 Authentic Macau & Asian Flavours at its Broadway Food Street. The 2,500-seat Broadway Theatre plays host to world-class entertainers and a diverse array of cultural events. Meeting, incentive and banquet groups are also well looked after with a portfolio of unique venues in Galaxy Macau and a professional service staff.
Galaxy International Convention Center (GICC) is the latest addition to the Group's ever-expanding integrated resort precinct and will usher in a new era for the MICE industry in Macau. GICC is a world- class event venue featuring 40,000-square-meter of total flexible MICE, and a 16,000-seat Galaxy Arena – the largest indoor arena in Macau.
For more details, please visit www.galaxymacau.com, www.broadwaymacau.com.mo and www.galaxyicc.com
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Galaxy Macau, The World Class Integrated Resort, Brings the "Experience Macao Malaysia Roadshow" to Kuala Lumpur
Galaxy Macau, The World Class Integrated Resort, Brings the "Experience Macao Malaysia Roadshow" to Kuala Lumpur
Galaxy Macau, The World Class Integrated Resort, Brings the "Experience Macao Malaysia Roadshow" to Kuala Lumpur
