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The Future 50

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9

S.F. Holding

China’s delivery firms have surged thanks to the nation’s e-commerce boom. But S.F. ­Express, a subsidiary of S.F. Holding, has emerged on top. Group revenues in the first half of this year rose 32.2%, and analysts predict 20% future annual growth. The premium courier service distinguishes ­itself by retaining complete control over its delivery network rather than adopting a franchise model. That network includes a fleet of aircraft, and S.F. Express is investing in drones, too, nabbing China’s first government-issued drone delivery license this year.

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Overall Score

4.2

Sector

Transportation

Industry

Air Freight and Logistics

CEO

Wang Wei

Employees

136,432

HQ Location

Shenzhen, China

Revenues ($M) (Past 12 Months)

$12,493

Profits ($M) (Past 12 Months)

$788

Market Value as of Oct. 10, 2018 ($M)

$26,179

Revenue and net income for 12 months ended June 30, 2018. Sources: Bloomberg; S&P Global.