On May 26, it was reported that Hello traveled into the local logistics market, and it was testing “Hello Express” internally, focusing on short- and medium-distance logistics distribution, with cross-city distribution no more than 500 kilometers away.
Regarding this, Hello Travelers responded to the surging news (www.thepaper.cn) reporter: “Hello Express, is the Hello Pratt & Whitney car business The “Running errands” project currently being explored by the Ministry mainly serves medium- and short-distance scenarios in the city. It mainly delivers documents, samples, and small items within 30 kilometers. The official launch time is undecided. It is currently in operation in Dongguan and Foshan. ”
How is the pricing for Hello Express? Hello travellers responded that the pricing is still in the testing stage, and is currently based on the comprehensive pricing of the delivery mileage and the weight of the goods.
Hello Travel’s official website shows that the main body of the operation of Hello Travel is Shanghai Junzheng Network Technology Co., Ltd. As of December 2019, the total number of registered users of Haro Travel has exceeded 300 million. Its Haro bicycles have been stationed in more than 360 cities. Haro Mopeds have entered more than 260 cities across the country. Haro Ride has covered more than 300 cities.
At the Hello Travel Spring Communication Meeting on April 27 this year, Yang Lei, co-founder and CEO of Hello Travel, said that Hello Travel has been in March 2018 Realized the company’s EBITDA (free cash flow) to be positive, and basically maintained this state afterwards. In addition, Hello Travel has completed a new round of financing by the end of 2019. Yang Lei said that for the use of this financing, the core thinking is to increase the company’s new business development in the next few years and continue to invest more in new business areas and new technology directions.