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SF Intra-city(09699.HK) Expand Its on-demand Delivery Business in Hong Kong in July

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Rider App “SoFast Rider” Launched
Hourly Revenue Up to HKD $300

HONG KONG, June 26, 2024 /PRNewswire/ — Hangzhou SF Intra-city Industrial Co., Ltd. (“SF Intra-city”, Stock Code: 9699.HK), China’s largest third-party on-demand delivery service provider, is pleased to announce that it will develop and expand its intra-city on-demand delivery services in Hong Kong, China in July 2024. Leverage its extensive industry experience and operational strengths of on-demand delivery industry accumulated over the years, SF Intra-city aims to provide better services to merchants and consumers.

Together with recent recruitment postings on various platforms, SF Intra-city is actively recruiting a large number of rider partners, including walkers, bicycle riders, drivers of motorcycle, passenger car, and van in Hong Kong. The rider-specific mobile application (App), “SoFast Rider”, for the Hong Kong region has been officially launched gradually and has been  available for public download on major mobile app stores. SF Intra-city will launch its services in Hong Kong under the “SoFast” brand.

The recruitment postings show that unlike food delivery services, the platform’s delivery tasks will primarily focus on documents, small parcels rather than food delivery. The per-kilometer income for deliveries is twice as high as other food delivery platforms, and the hourly revenue can reach up to HKD $300. Riders can choose delivery tasks based on their own schedules without any fixed online time limits, allowing them to freely decide how many tasks to accept. Additionally, they can participate in lucrative incentive programs.

It is reported that SF Intra-city has always regarded its riders as primary partners, placing the utmost efforts to protect their rights and interests, providing them income opportunities and long-term development. This initiative aims to offer Hong Kong riders the opportunity to “earn flexibly, accept orders freely, enjoy stable order volumes, and receive generous rewards,” fostering a mutual beneficial ecosystem.

SF Intra-city has introduced a range of equipment for Hong Kong riders featuring the “SoFast” logo, including T-shirts, vests, hand carry cases, backpacks, sun protection clothing, and rain gear. Currently, the first batch of registered riders will receive “SoFast” basic gear (T-shirt or vest) for free, and those who become pioneer riders would have the chance of receiving the  full “SoFast” gear set for free.

In recent years, the on-demand delivery market in mainland China has experienced rapid development. According to data from iResearch, the market size of on-demand delivery industry in mainland China is expected to maintain high growth from 2023 to 2028, and is projected to RMB 810 billion by 2028. Data from the Hong Kong Census and Statistics Department shows that revenue from local courier activities business in Hong Kong recorded a rapid growth of 116% to HKD 2,253 million during 2012 to 2020. This indicates significant room for penetration and commercial development in Hong Kong’s on-demand delivery market in the future.

The expansion of SF Intra-city’s on-demand delivery business to the Hong Kong market marks an important milestone for the Group in its overseas expansion development. Last year, the Group’s business continued to grow healthily, pioneering the industry in achieving profitability, fully demonstrating the release of the Gorup’s economies of scale and network effects in the mainland business. Moreover, the Group’s differentiated services attracted high-value orders while technology-driven comprehensive co-ordination and scheduling has boosted the efficiency of the delivery network. The continuous measures to refine management and improve operational quality have enhanced the efficiency of resource input-output.

The Group’s business integration in various markets in mainland China, including food delivery, instant retail, personal services and last-mile delivery have unlocked more exciting business opportunities, which will lead to a more even distribution of orders. This has driven improvements in the operational efficiency of riders around-the-clock, allowing the Group to increase business scale and rider order density.

SF Intra-city will strive to leverage its extensive and successful experience in on-demand delivery from the mainland China market, along with its leading technology and solutions, to offer high-quality on-demand delivery services to Hong Kong users. The third-party multi-scenario business model, proven in the mainland China market, is expected to be effectively applied in Hong Kong. By partnering with various e-commerce platforms and new retail brands, SF Intra-city will bring more momentum and growth opportunities to Hong Kong’s on-demand delivery market.

As the largest third-party on-demand delivery platform in China, SF Intra-city is actively exploring overseas expansion to find new growth opportunities. Entering the Hong Kong market will help SF Intra-city validate its business model in international markets, aiding the Group in discovering more opportunities abroad in the future. As SF Intra-city strives to fulfill its mission of “letting more people enjoy a close and beautiful life,” the Group looks forward to steady progress, high-quality growth, and delivering increased value to shareholders and investors.

View original content:https://www.prnewswire.com/news-releases/sf-intra-city09699hk-expand-its-on-demand-delivery-business-in-hong-kong-in-july-302183937.html

SOURCE SF Intra-city

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RedThread Report Reveals 50% Drop in L&D’s Involvement in Strategic Discussions, Offers Framework for Reclaiming Influence

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22 minutes ago

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November 14, 2024

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RedThread Research’s latest report, Hope Isn’t a Plan: Building a Progressive L&D Strategy, highlights a 50% drop in Learning & Development involvement in business strategy discussions over the past two years, signaling a shift from strategic partner to reactive function. The report also provides a comprehensive five-part framework to help L&D leaders articulate their strategy, collaborate effectively across departments, and balance stability with flexibility.

WOODSIDE, Calif., Nov. 14, 2024 /PRNewswire-PRWeb/ — RedThread Research has published its latest report, “Hope Isn’t a Plan: Building a Progressive L&D Strategy,” which underscores the declining strategic role of Learning & Development (L&D) functions and offers a comprehensive framework for leaders seeking to recalibrate their strategies.

“L&D needs to rethink its strategy or risk becoming irrelevant. More than just talking about being strategic, they need to align, act on, and operationalize it. That means doing things differently, thinking more strategically, and embedding learning into the heart of the organization.”

The study reveals a sharp 50% drop in L&D’s involvement in business strategy discussions over the past two years, signaling an alarming shift from strategic partner to reactive supporter. The research also shows that L&D’s involvement in workforce planning discussions similarly declined sharply over this same period.

“L&D needs to reclaim its strategic voice or risk becoming irrelevant,” said Dani Johnson, Co-founder and Principal Analyst at RedThread Research. “More than just talking about being strategic, they need to align, act on, and operationalize it. That means doing things differently, thinking more strategically, and embedding learning into the heart of the organization.”

The report highlights several pressing insights, including:

Declining Strategic Influence: L&D’s diminishing role in strategy discussions has led to a more tactical and reactive function in many organizations.The Importance of Articulating Strategy: Many L&D leaders lack a clearly communicated and well-defined strategy, further compounding their inability to respond effectively to changing business needs.Collaboration as a Cornerstone: Successful employee development requires structured collaboration and cooperation across departments, challenging entrenched mindsets about L&D’s role. L&D functions need a plan for how to best collaborate with other business functions.Balancing Stability with Flexibility: While adaptability is essential, the report argues that stability also forms the foundation for long-term success in L&D efforts.A Five-Part Strategic Framework: The study provides a detailed framework comprising five core elements of an L&D Strategy—Organizational Alignment, Employee Impact, Operations and Governance, Tech and Data, and Stakeholder Engagement.

“Learning and Development can’t afford to play it safe,” added Johnson. “They must be prepared to continually evolve— locking down what works while still flexing to meet what comes next. And they need to double down on strategy to show how that connects back to outcomes — and prove that L&D is not just a cost center but a critical driver of success.”

For access to an infographic of the framework and other exclusive research, navigate to https://members.redthreadresearch.com/spaces/12680089/feed and register for a complimentary Starter Tier membership in the RedThread Research community.

For companies and individuals interested in exploring this research more deeply, RedThread offers exclusive membership opportunities. Join the RedThread research community or the Tech Consortium by visiting the RedThread website (https://www.redthreadresearch.com) or reaching out to RedThread by emailing hello@redthreadresearch.com. 

About RedThread Research

At RedThread Research, we get it.

Sure, we’re experts in performance, people analytics, learning, and D&I – and we’re well-versed in the technologies that support them. But we’re also truth-seekers and storytellers in an industry often short on substance, and too full of #!%. Our mission (indeed, our very reason for existing) is to cut through the noise, and amplify what’s good. We look for the connections (or red threads) between people, data, and ideas – even among seemingly unrelated concepts. The result is high-quality, unbiased, transformative foresight that helps you build a stronger business.

To learn more, visit https://www.redthreadresearch.com.

Heather Gilmartin
RedThread Research
646-275-0742
heathergilmartin@redthreadresearch.com

Media Contact

Heather Gilmartin Adams, RedThreadResearch, 6462750742, heathergilmartin@redthreadresearch.com, https://redthreadresearch.com/

View original content:https://www.prweb.com/releases/redthread-report-reveals-50-drop-in-lds-involvement-in-strategic-discussions-offers-framework-for-reclaiming-influence-302306028.html

SOURCE RedThreadResearch; RedThreadResearch

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SONOR INVESTMENTS LIMITED APPOINTS NEW INTERIM CHIEF FINANCIAL OFFICER AND TREASURER

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22 minutes ago

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November 14, 2024

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TORONTO, Nov. 14, 2024 /CNW/ – Sonor Investments Limited (“Sonor”) announced today that Fanny Chantal Grenier was appointed Treasurer and Chief Financial Officer of Sonor effective November 12, 2024 to replace Rosabell Chung Hun who resigned from this position as of such date.

Michael Gardiner, Chairman and Chief Executive Officer of Sonor, stated “we would like to express our gratitude for Rosabell Chung Hun’s significant contributions and dedication to our company”. He went on to say “for the immediate future, Fanny Chantal Grenier is to be appointed as the interim Chief Financial Officer  and Treasurer of the company until we have a permanent replacement. We are in the process of examining our human resources plan that will be discussed and presented at our next board meeting”.

Ms. Grenier presently holds the position of President of Fairwater Capital Corporation, is a qualified CA CPA and brings extensive experience in financial leadership. She has a proven track record in advancing fiscal responsibility and operational efficiency.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

SOURCE Sonor Investments Limited

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Odyssey Impact’s New Grant Opportunity: $2,500 – $25,000 for Local Nonprofits — But Don’t Bother If You JUST Want to Raise Awareness

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22 minutes ago

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November 14, 2024

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Odyssey Impact is awarding grants ranging from $2,500 to $25,000 to nonprofits (or those with a verified nonprofit fiscal sponsor) with creative and unique ideas for tackling local challenges and bringing people together in person. The Connected Communities Grants are simple and streamlined… no epic application process and no weeks-long recap reports. The grants were created to help bring about impactful and meaningful change that connects and strengthens local communities. The deadline to apply is December 11, 2024 and winners will be announced in January 2025.

NEW YORK, Nov. 14, 2024 /PRNewswire-PRWeb/ — If you’re tired of JUST TALKING ABOUT A PROBLEM, WE’RE WITH YOU. WE WANT TO FIND SOLUTIONS. And if you’re also tired of filling out long applications, running “awareness” campaigns, or spending weeks cobbling together post-grant reports, Odyssey Impact® has some great news for you.

Through the simple and streamlined Connected Communities Grants, Odyssey Impact® is offering up to $25,000 to nonprofits (or those with a verified nonprofit fiscal sponsor) who want to help solve problems in their communities and bring people together in person.

We’re ditching all that in our new SIMPLE AND STREAMLINED Connected Communities Grants, offering up to $25,000 to nonprofits (or those with a verified nonprofit fiscal sponsor) who want to help SOLVE PROBLEMS in their communities.

Grants will range from $2,500 to $25,000 for applicants with CREATIVE and UNIQUE ideas for tackling local challenges and bringing people together IN PERSON. You know what your town needs and we want to help you make it happen.

Our Mandate is Simple: We want creative ways to help connect people in real-time, in meaningful ways.

Odyssey Impact Board President, Riaz Patel, and co-founder of ConnectEffect, underscores the critical importance of real, in-person connection:

“We’re facing an unprecedented epidemic of isolation, alienation, and loneliness. We don’t need more awareness or research to know it’s a massive problem. We need bold, innovative solutions from creative thinkers to reignite a sense of community across America.”

Interested in applying? Awesome! But here’s what we don’t want:

We’re not looking for “scalable” projects. We ARE looking for local and connected.No “awareness campaigns.” We want to help you take real action instead.No “virtual” events. We are funding in-person, live human stuff.Skip the epic applications. We don’t have the time for those either.No weeks-long recap reports. We’d rather see your great pics and videos.No galas, golf tournaments, or fundraisers. We want project- and program-focused ideas.

Got something cool and community-focused in mind? Perfect! We want unique ideas that make sense for your community, and we want you to spell it out clearly (without all the fluff) — how your project will connect people, foster innovation, and bring the community together.

We need this now more than ever, and if you agree, you are our kind of grantee applicant.

You can apply now through December 11th at odyssey-impact.org,

Winners will be announced in January 2025.

Together, we can truly create impactful and meaningful change that connects and strengthens our local communities.

About Odyssey Impact®

Odyssey Impact® ignites creative, actionable solutions that drive real transformation and connection at the local level. By teaming up with innovative community leaders and those who care about their communities, we’re funding projects that are not only visionary, but also perfectly tailored to meet each community’s unique needs.

Through these efforts, Odyssey Impact is laying the groundwork for a future where real community-driven initiatives create much-needed impact & change and bring us all closer together.

Media Contact

Erin Carenzo, Odyssey Impact, 1 8183817336, erin@carenzoagency.com, https://odyssey-impact.org/

View original content to download multimedia:https://www.prweb.com/releases/odyssey-impacts-new-grant-opportunity-2-500—25-000-for-local-nonprofits–but-dont-bother-if-you-just-want-to-raise-awareness-302305983.html

SOURCE Odyssey Impact; Odyssey Impact

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