Best Inc. CEO Chou on Singles' Day and Growth Potential

The video discusses the significant growth in parcel fulfillments for Best Inc, expecting a 70-80% increase this year. It highlights the need for a larger workforce and the expansion of warehouses. The company plans to adjust pricing strategies, especially during high seasons, to maintain stability. Margins have improved over the past years, with a notable increase in revenue. Some sectors are already profitable, and the company aims to break even or make a profit by next year. The focus remains on strategic investments for long-term growth.

What is the expected growth in parcel volume for Best Inc this year?

• From 60 million to 90 million

• From 50 million to 70 million

• From 20 million to 40 million

• From 35 million to 60 million

What is one of the strategies Best Inc plans to use to manage increased parcel volume?

• Decreasing delivery times

• Hiring permanent staff

• Reducing the number of warehouses

• Raising parcel prices and service fees

How have margins been affected by the recent strategies implemented by Best Inc?

• Margins have remained stable

• Margins have improved by 6 to 8% annually

• Margins have improved by 10% annually

• Margins have decreased by 5%

Which sector of Best Inc is already profitable?

• Marketing

• Logistics

• Retail

• Express

By when does Best Inc expect to achieve overall profitability?

• By 2020

• By the end of next year

• By the end of this year

• By the second quarter of next year