The intelligent express cabinet can solve the problem that the delivery time of the courier and the receiver’s collection time do not match. It is one of the alternative paths to solve the “last 100 meters” of express delivery. Due to the considerable reduction of the distribution workload, it is favored by the courier, but irregularities such as “signing for receipt” and “entering the cabinet without notice” also emerge endlessly.

To this end, the State Postal Administration issued the “Administrative Measures for Smart Express Box Delivery Service” on October 1, 2019, which proposed “receiving the consent of the recipient”, “timely notification”, “reasonably setting the storage period”, etc. Claim.

The express cabinet operation platform represented by Fengchao collects “storage fees” from courier ( Fengchao Dage charges 0.4 yuan per time , Zhongge and Xiaoge charge 0.35 yuan each time ) and at the same time reach out to the user-induce rewards when picking up.

The original intention of the express cabinet platform is to facilitate the delivery of courier and users. However, due to the “top-of-mind” top-level design, after six or seven years of practice, the business model has not yet been verified. “. Fengchao recently fell into a whirlpool of public opinion due to induced rewards.

Fengchao “Poor scheme”

Guo Degang said, “Poor schemes, rich conscience.” First, this sentence is not politically correct. Secondly, strictly speaking, the opposite of “rich” is not “poor” but “poor”. Insufficient money is “poor”, and inaccessible is “poor.” The meaning of “poor” in “the mountains and the rivers are exhausted” is what it means. In many cases, it is easier to find the “road” if you have money, and you cannot walk without the money. It is not unreasonable to combine “poor” and “poor” into “poor”. However, in some cases, the rich will also fall into a situation where there is nowhere to go, “not poor but poor”, as is Fengchao.

SF has a market value of 160 billion yuan and annual revenue of 90.9 billion yuan. Backed by this “big tree”, Fengchao is not “poor” but has no way to go.

At the end of 2016, Fengchao installed and operated approximately 35,000 express cabinets in communities / offices, covering 75 cities including North, Shanghai, Guangzhou, and Shenzhen, with total assets of 1.31 billion, a 170% increase from the end of 2015.

When it was established in June 2015, SF, Zhongtong, Shentong, Yunda, and ProLogis jointly invested 500 million yuan. In fiscal 2015, Fengchao’s revenue and net losses were 21.74 million and 236 million, respectively.

In June 2016, the five shareholders increased their capital by 500 million. In January 2017, Fengchao received another 2.5 billion in investment.

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