BingEx Q2 FY26 swings to net loss of RMB 34 million; revenue falls 8.23% to RMB 940.3 million
FLX•FLX•FLX•FLX•Management highlighted expanding service scenarios, embedding fulfillment into AI ecosystems, and low-altitude logistics moving to multi-route commercial operations.
BingEx posted Q2 2026 revenue of RMB 940.3 million, down 8.23% year over year due to intensifying market competition.
Net results turned to a loss of RMB 34 million; operating income fell 62.43% to RMB 7.3 million.
Gross profit slid 22.13% to RMB 95.5 million; gross margin narrowed 1.8 percentage points to 10.2%.
Orders fulfilled totaled 63.1 million; cash and short-term investments were RMB 853.4 million at June 30.
