Welcome to our dedicated page for BingEx news (Ticker: FLX), a resource for investors and traders seeking the latest updates and insights on BingEx stock.
BingEx Ltd (FLX) operates China's FlashEx brand, specializing in time-sensitive urban courier services through integrated logistics technology. This news hub provides investors and industry observers with verified updates about the company's operational developments and market position.
Access comprehensive coverage of earnings announcements, strategic partnerships, and technology implementations shaping China's competitive delivery sector. Our curated collection ensures transparent tracking of FLX's service expansions, efficiency milestones, and leadership in same-day logistics solutions.
Key updates include financial performance reports, infrastructure investments, and innovations in route optimization systems. Bookmark this page for real-time insights into how BingEx maintains delivery reliability across high-density urban markets while advancing operational safety standards.
BingEx Limited (Nasdaq: FLX), a leading Chinese on-demand courier services provider operating under the brand "FlashEx", has scheduled its first quarter 2025 earnings release for May 22, 2025, before U.S. markets open. The company will host an earnings conference call on the same day at 8:00 PM Beijing Time (8:00 AM U.S. Eastern Time). Interested participants must pre-register for the call through the provided registration link, after which they will receive dial-in details and a personal PIN. A live webcast will be available on BingEx's investor relations website, with a replay accessible after the event.
BingEx (Nasdaq: FLX), a leading on-demand dedicated courier service provider in China operating under the brand 'FlashEx', has announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2024. The report was submitted to the Securities and Exchange Commission (SEC) on April 25, 2025.
The annual report is available electronically on the company's investor relations website at http://ir.ishansong.com and the SEC's website. Shareholders and ADS holders can request free hard copies of the annual report, which includes audited consolidated financial statements, from the company's Investor Relations Department in Beijing.
BingEx (FLX) reported its Q4 and FY2024 financial results, showing mixed performance. Q4 revenues declined to RMB1,028.9 million (US$141.0 million) from RMB1,212.3 million in Q4 2023. However, gross profit margin improved to 10.0% from 8.6% year-over-year.
For FY2024, the company reported revenues of RMB4,468.2 million (US$612.1 million), slightly down from RMB4,528.8 million in 2023. Notably, gross profit increased 24.3% year-over-year to RMB490.6 million, with margin expanding to 11.0%. The company fulfilled 277.2 million orders in 2024, up 2.4% year-over-year, serving 100.1 million users across 295 cities with 2.8 million registered riders.
The company announced a new share repurchase program of up to US$30.0 million, effective from March 12, 2025, to March 31, 2026.
BingEx (Nasdaq: FLX), China's leading on-demand dedicated courier services provider operating under the FlashEx brand, has scheduled its Q4 and fiscal year 2024 earnings release for March 12, 2025, before U.S. markets open.
The company will host an earnings conference call on the same day at 8:00 PM Beijing Time (8:00 AM U.S. Eastern Time). Interested participants must pre-register for the call through the provided registration link. A live webcast will be available on BingEx's investor relations website, with a replay option accessible after the session.
BingEx (Nasdaq: FLX) reported its Q3 2024 financial results, showing revenues of RMB1,154.8 million (US$164.6 million). The company achieved a 20.9% year-over-year increase in gross profit to RMB130.3 million, with gross margin improving to 11.3% from 9.0%. Operating income reached RMB46.2 million with a 4.0% margin. For the nine months ended September 30, 2024, revenues grew 3.7% year-over-year to RMB3,439.3 million, with net income increasing 91.6% to RMB147.5 million. The company fulfilled 211.4 million orders during this period, representing a 7.1% increase year-over-year.
BingEx (Nasdaq: FLX), a leading on-demand dedicated courier services provider in China operating under the brand 'FlashEx', has scheduled its third quarter 2024 unaudited financial results announcement for November 27, 2024, before U.S. markets open. The company will host an earnings conference call on the same day at 8:00 PM Beijing Time (7:00 AM U.S. Eastern Time). Interested participants must pre-register for the call, and a live webcast will be available on the company's investor relations website.
BingEx (Nasdaq: FLX), a leading on-demand dedicated courier services provider in China, has announced the pricing of its initial public offering (IPO) of 4,000,000 American Depositary Shares (ADSs) at US$16.50 per ADS. Each ADS represents three Class A ordinary shares of the Company. The gross proceeds from the offering are expected to total US$66.0 million, excluding underwriting discounts and commissions.
BingEx has granted the underwriters a 30-day option to purchase up to 600,000 additional ADSs. The ADSs are set to begin trading on the Nasdaq Stock Market under the symbol 'FLX'. The offering is expected to close on October 7, 2024. Deutsche Bank Securities Inc., China International Capital Hong Kong Securities , and CLSA are acting as the representatives of the underwriters.
FAQ
What is the current stock price of BingEx (FLX)?
What is the market cap of BingEx (FLX)?
