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HONG KONG, Jan. 15, 2026 /PRNewswire/ -- J&T Global Express ("J&T Express" or "J&T", 1519.HK), a global leading integrated logistics service operator, and S.F. Holding Co., Ltd. ("SF Holding", 002352.SZ, 6936.HK) jointly announced today that they have entered into a strategic cross-shareholding agreement involving the mutual issuance of new shares, with an investment and transaction amount of HKD8.3 billion.
Pursuant to the agreement, J&T Express will issue 822 million Class B Shares to SF Holding at an Issue Price of HKD10.10 per share; simultaneously, SF Holding will issue 226 million H Shares to J&T Express at a Subscription Price of HKD36.74 per share. Upon completion, SF Holding will hold 10% of the issued shares of J&T Express as enlarged by the issuance, and J&T Express will hold approximately 4.29% of the issued shares of SF Holding as enlarged by the issuance.
This collaboration is designed to deeply integrate the resources of both industry leaders. The goal is to jointly construct a more extensive, efficient, and resilient global integrated logistics network, better positioning both companies to serve Chinese companies expanding overseas and adapt to the evolving landscape of the global e-commerce logistics market.
The cross-shareholding structure aims to unlock highly complementary strategic synergies. J&T brings its extensive last-mile network and localized operational experience across 13 countries, pairing effectively with SF Holding's core resources and mature operating systems in cross-border first-mile and line-haul. Together, the parties will enhance the network coverage and competitiveness of their end-to-end cross-border logistics solutions. In the China market, large complementarities in network resources, customer bases, product structures, and differentiated positioning will create broad opportunities to expand service boundaries.
In a joint statement, Mr. Jet Lee, founder of J&T Express, and Mr. Wang Wei, founder of SF Holding, noted that the two companies are long-standing strategic partners and that this cross-shareholding marks a major milestone, elevating their relationship from operational collaboration to a closer, mutually beneficial strategic partnership. They will work together to build a more efficient global smart logistics network, seize the historic opportunities created by Chinese enterprises going global and the rise of cross-border e-commerce, and deliver greater value to customers across global supply chains.
About J&T Express
J&T Express (1519.HK) is a global logistics service provider with leading express delivery businesses in Southeast Asia and China, the largest and fastest-growing market in the world. Founded in 2015, J&T Express' network spans thirteen countries, including Indonesia, Vietnam, Malaysia, the Philippines, Thailand, Cambodia, Singapore, China, Saudi Arabia, the UAE, Mexico, Brazil and Egypt. Adhering to its "customer-oriented and efficiency-based" mission, J&T Express is committed to providing customers with integrated logistics solutions through intelligent infrastructure and digital logistics network, as part of its global strategy to connect the world with greater efficiency and bring logistical benefits to all.
About SF Holding
S.F. Holding Co., Ltd. (002352.SZ; 06936.HK) is the largest integrated logistics service provider in Asia and the fourth largest globally, ranking 393rd on the Fortune Global 500 list. The company provides customers with comprehensive, end-to-end domestic and international logistics solutions. SF Holding boasts an extensive global service network, with its business covering approximately 200 countries and regions, and holds leading positions across multiple logistics segments. SF harnesses technology to empower customers in building secure and efficient smart supply chains, with the vision of becoming the well-respected and the world's leading digital intelligence logistics solution provider.
HONG KONG, Jan. 15, 2026 /PRNewswire/ -- J&T Global Express ("J&T Express" or "J&T", 1519.HK), a global leading integrated logistics service operator, and S.F. Holding Co., Ltd. ("SF Holding", 002352.SZ, 6936.HK) jointly announced today that they have entered into a strategic cross-shareholding agreement involving the mutual issuance of new shares, with an investment and transaction amount of HKD8.3 billion.
Pursuant to the agreement, J&T Express will issue 822 million Class B Shares to SF Holding at an Issue Price of HKD10.10 per share; simultaneously, SF Holding will issue 226 million H Shares to J&T Express at a Subscription Price of HKD36.74 per share. Upon completion, SF Holding will hold 10% of the issued shares of J&T Express as enlarged by the issuance, and J&T Express will hold approximately 4.29% of the issued shares of SF Holding as enlarged by the issuance.
This collaboration is designed to deeply integrate the resources of both industry leaders. The goal is to jointly construct a more extensive, efficient, and resilient global integrated logistics network, better positioning both companies to serve Chinese companies expanding overseas and adapt to the evolving landscape of the global e-commerce logistics market.
The cross-shareholding structure aims to unlock highly complementary strategic synergies. J&T brings its extensive last-mile network and localized operational experience across 13 countries, pairing effectively with SF Holding's core resources and mature operating systems in cross-border first-mile and line-haul. Together, the parties will enhance the network coverage and competitiveness of their end-to-end cross-border logistics solutions. In the China market, large complementarities in network resources, customer bases, product structures, and differentiated positioning will create broad opportunities to expand service boundaries.
In a joint statement, Mr. Jet Lee, founder of J&T Express, and Mr. Wang Wei, founder of SF Holding, noted that the two companies are long-standing strategic partners and that this cross-shareholding marks a major milestone, elevating their relationship from operational collaboration to a closer, mutually beneficial strategic partnership. They will work together to build a more efficient global smart logistics network, seize the historic opportunities created by Chinese enterprises going global and the rise of cross-border e-commerce, and deliver greater value to customers across global supply chains.
About J&T Express
J&T Express (1519.HK) is a global logistics service provider with leading express delivery businesses in Southeast Asia and China, the largest and fastest-growing market in the world. Founded in 2015, J&T Express' network spans thirteen countries, including Indonesia, Vietnam, Malaysia, the Philippines, Thailand, Cambodia, Singapore, China, Saudi Arabia, the UAE, Mexico, Brazil and Egypt. Adhering to its "customer-oriented and efficiency-based" mission, J&T Express is committed to providing customers with integrated logistics solutions through intelligent infrastructure and digital logistics network, as part of its global strategy to connect the world with greater efficiency and bring logistical benefits to all.
About SF Holding
S.F. Holding Co., Ltd. (002352.SZ; 06936.HK) is the largest integrated logistics service provider in Asia and the fourth largest globally, ranking 393rd on the Fortune Global 500 list. The company provides customers with comprehensive, end-to-end domestic and international logistics solutions. SF Holding boasts an extensive global service network, with its business covering approximately 200 countries and regions, and holds leading positions across multiple logistics segments. SF harnesses technology to empower customers in building secure and efficient smart supply chains, with the vision of becoming the well-respected and the world's leading digital intelligence logistics solution provider.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
J&T Global Express and SF Holding Announce Strategic Cross-Shareholding to Build a New Global Smart Logistics Ecosystem
J&T Global Express and SF Holding Announce Strategic Cross-Shareholding to Build a New Global Smart Logistics Ecosystem
J&T Global Express and SF Holding Announce Strategic Cross-Shareholding to Build a New Global Smart Logistics Ecosystem
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SYDNEY, May 1, 2026 /PRNewswire/ -- Global travel service provider Trip.com has today unveiled the details of one of its most anticipated events of the season—the 5.5 May Autumn Mega Sale. Taking place exclusively on Tuesday, 5 May, the event offers savvy travellers unprecedented access to domestic and international escapes.
The platform will feature a 12-hour schedule of timed drops, including 50% off hotel and flight promo codes, $29 domestic fares for major eligible Australian cities and up to $149 for international flights to Bali and Ho Chi Minh City. These high-value coupons and/or discounts are designed to make travel more accessible for the Australian market throughout the Autumn season.
"Big Day" Drop Schedule on 5 May
A range of exclusive offers will be released in stages throughout the day (all times AEST):
- 6:00am: Premium airline coupons from Vietnam Airlines, Thai Airways, China Airlines and more, alongside special perks at Perth Airport.
- 11:30am:Up to 50% off flight coupons (discount caps apply).
- 12:00pm:$29 domestic fares for flights connecting Sydney, Melbourne, Brisbane, Adelaide and Gold Coast, alongside internationalflights to Bali from $109 and Ho Chi Minh City from $149.
- 2:00pm:Up to50% off hotel coupons (minimum of 2-night stay) and a dedicated flash sale across top-tier Asia hotels.
- 6:00pm: $25 off promo codes for all flight and hotel bookings, except domestic flights within China.
Exclusive Booking Incentives
As an added incentive, travellers who book any flight departing from an eligible Australian city to Singapore between midnight on 5 May and 2am on 6 May will be eligible to enter a draw* to win a two-night stay at Hotel Indigo Singapore Katong by IHG.
Additionally, 2,000 Trip Coins will be awarded to travellers booking any flight departing from an eligible Australian city for two or more people in a single booking. These Trip Coins are valid for three months, with the offer exclusively available for bookings made between 8:00pm on 5 May and 1:59am on 6 May (AEST).
Full-Suite Travel Support
Beyond the timed drops, a comprehensive range of discounts will be available to support every stage of the journey. Holidaymakers can stay connected with 50% off eSIMs and explore more for less with Buy 1 Get 1 Free deals on attractions across Australia, New Zealand and Asia. For seamless transit, Trip.com is also offering 50% off car hire and package tours and a $100 off code from Avis & Budget Car Rentals at no minimum spend, alongside up to 30% off airport transfers and up to 50% off high-speed rail in China, Europe, and Japan.
Bonus Feature: "Seek Southeast Asia" for Sydney Travellers
In collaboration with Sydney Airport, Trip.com is also running the 'Seek Southeast Asia' campaign, inviting Sydney-based travellers to explore Southeast Asian destinations including Thailand, Vietnam, Singapore, Indonesia, Malaysia and the Philippines.
Available through 29 May, the initiative features high-impact flight vouchers of up to $100 off paired with 5% discounts on hotel stays of three nights or more. The campaign also integrates essential "last-mile" logistics, including 8% off car hire, up to 10% off airport transfers, and dedicated deals on local eSIMs and attractions. Highlighting the premium nature of the offer, travellers booking flights from Sydney to Thailand can enter a draw* for a two-night luxury stay at a five-star beach resort in Koh Samui.
Travellers are encouraged to download the Trip.com app now to prepare for both campaigns.
Terms and Conditions apply. All promotional offers are available on a first-come, first-served basis within the specified period and while stocks last. Please note that all deals are in AEST time.
For more information, please visit https://au.trip.com/.
*Campaign terms: Both campaigns are hosted on separate landing pages with unique terms and conditions. Giveaway entries are independent and tied to specific campaign pages used; therefore, participation in both draws requires separate qualifying bookings on each respective page.
About Trip.com
Trip.com is an international one-stop travel service provider, available in 27 languages across 48 countries and regions in 44 local currencies. Offering an extensive hotel and flight network of more than 1.7 million hotels and flights from over 680 airlines, along with over 350,000 in-destination activities, Trip.com covers 3,500 airports in 220 countries and regions. Trip.com's world-class 24/7 multilingual customer service helps to 'create the best travel experience' for its millions of customers worldwide. To book your next trip, visit Trip.com.
SYDNEY, May 1, 2026 /PRNewswire/ -- Global travel service provider Trip.com has today unveiled the details of one of its most anticipated events of the season—the 5.5 May Autumn Mega Sale. Taking place exclusively on Tuesday, 5 May, the event offers savvy travellers unprecedented access to domestic and international escapes.
The platform will feature a 12-hour schedule of timed drops, including 50% off hotel and flight promo codes, $29 domestic fares for major eligible Australian cities and up to $149 for international flights to Bali and Ho Chi Minh City. These high-value coupons and/or discounts are designed to make travel more accessible for the Australian market throughout the Autumn season.
"Big Day" Drop Schedule on 5 May
A range of exclusive offers will be released in stages throughout the day (all times AEST):
- 6:00am: Premium airline coupons from Vietnam Airlines, Thai Airways, China Airlines and more, alongside special perks at Perth Airport.
- 11:30am:Up to 50% off flight coupons (discount caps apply).
- 12:00pm:$29 domestic fares for flights connecting Sydney, Melbourne, Brisbane, Adelaide and Gold Coast, alongside internationalflights to Bali from $109 and Ho Chi Minh City from $149.
- 2:00pm:Up to50% off hotel coupons (minimum of 2-night stay) and a dedicated flash sale across top-tier Asia hotels.
- 6:00pm: $25 off promo codes for all flight and hotel bookings, except domestic flights within China.
Exclusive Booking Incentives
As an added incentive, travellers who book any flight departing from an eligible Australian city to Singapore between midnight on 5 May and 2am on 6 May will be eligible to enter a draw* to win a two-night stay at Hotel Indigo Singapore Katong by IHG.
Additionally, 2,000 Trip Coins will be awarded to travellers booking any flight departing from an eligible Australian city for two or more people in a single booking. These Trip Coins are valid for three months, with the offer exclusively available for bookings made between 8:00pm on 5 May and 1:59am on 6 May (AEST).
Full-Suite Travel Support
Beyond the timed drops, a comprehensive range of discounts will be available to support every stage of the journey. Holidaymakers can stay connected with 50% off eSIMs and explore more for less with Buy 1 Get 1 Free deals on attractions across Australia, New Zealand and Asia. For seamless transit, Trip.com is also offering 50% off car hire and package tours and a $100 off code from Avis & Budget Car Rentals at no minimum spend, alongside up to 30% off airport transfers and up to 50% off high-speed rail in China, Europe, and Japan.
Bonus Feature: "Seek Southeast Asia" for Sydney Travellers
In collaboration with Sydney Airport, Trip.com is also running the 'Seek Southeast Asia' campaign, inviting Sydney-based travellers to explore Southeast Asian destinations including Thailand, Vietnam, Singapore, Indonesia, Malaysia and the Philippines.
Available through 29 May, the initiative features high-impact flight vouchers of up to $100 off paired with 5% discounts on hotel stays of three nights or more. The campaign also integrates essential "last-mile" logistics, including 8% off car hire, up to 10% off airport transfers, and dedicated deals on local eSIMs and attractions. Highlighting the premium nature of the offer, travellers booking flights from Sydney to Thailand can enter a draw* for a two-night luxury stay at a five-star beach resort in Koh Samui.
Travellers are encouraged to download the Trip.com app now to prepare for both campaigns.
Terms and Conditions apply. All promotional offers are available on a first-come, first-served basis within the specified period and while stocks last. Please note that all deals are in AEST time.
For more information, please visit https://au.trip.com/.
*Campaign terms: Both campaigns are hosted on separate landing pages with unique terms and conditions. Giveaway entries are independent and tied to specific campaign pages used; therefore, participation in both draws requires separate qualifying bookings on each respective page.
About Trip.com
Trip.com is an international one-stop travel service provider, available in 27 languages across 48 countries and regions in 44 local currencies. Offering an extensive hotel and flight network of more than 1.7 million hotels and flights from over 680 airlines, along with over 350,000 in-destination activities, Trip.com covers 3,500 airports in 220 countries and regions. Trip.com's world-class 24/7 multilingual customer service helps to 'create the best travel experience' for its millions of customers worldwide. To book your next trip, visit Trip.com.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Trip.com Announces Dual Travel Perks: National 5.5 Autumn Mega Sale and Exclusive "Seek Southeast Asia" Initiative for Sydney Travellers
Trip.com Announces Dual Travel Perks: National 5.5 Autumn Mega Sale and Exclusive "Seek Southeast Asia" Initiative for Sydney Travellers
