The secret of J&T Express becoming the second Decacorn from Indonesia.
The story is that I am not updated.
I didn’t know that J&T Express had become one of the Decacorns.
Hurun Global Unicorn Index 2021 noted that J&T Express valuation is US$ 20 billion (IDR 285 trillion).
The value is greater than Gojek’s US$ 10.5 billion (IDR 150 trillion).
However, because Gojek has merged with Tokopedia, its valuation is US$ 40 billion. J&T Express ranks as the 16th largest unicorn in the world, according to the Hurun Global Unicorn Index 2021.
The first position is occupied by TikTok’s parent, ByteDance.
Then Alibaba’s Ant Group and Elon Musk’s SpaceX.
What’s the secret to J&T Express growing this fast?
Check out the following data.
J&T Express Secrets
According to ZDNet, technological reliability is an important factor behind J&T Express’ business success.
Since the beginning, J&T Express has designed a digital system that is adaptive to changes and increases in market demand.
When interest in online shopping increased sharply during the pandemic, J&T Express had a system ready to answer the logistical needs of supporting e-commerce activities.
J&T Express is able to scale-up its business very quickly, supported by reliable digital technology.
J&T Express is known to use hybrid services from Huawei Cloud.
J&T Express business operations rely on Infrastructure as a Service (IaaS) and Software as a Service (SaaS) services.
Utilizing these hybrid services, J&T Express can run a smart system that can accurately predict potential demand in the future.
This is what makes J&T Express not overwhelmed once the number of orders increases.
J&T Express is able to provide optimal service, even when there is a sudden increase in demand volume such as during e-commerce discount campaigns at certain moments.
Accuracy in reading market demand is a key factor in providing a satisfying customer experience.
The company can create a business strategy that suits the conditions and needs of consumers.
That is what makes J&T Express get high trust from consumers.
Expansion to the Middle East
J&T Express is now officially launching networks in the United Arab Emirates (UAE) and Saudi Arabia.
That way, this new Indonesian decacorn is already present in 10 countries.
In addition to the two in the Middle East, the eight countries penetrated by J&T Express are Indonesia, Vietnam, Malaysia, Thailand, the Philippines, Cambodia, Singapore and China.
J&T Express CEO Robin Lo said, this expansion signifies the company’s seriousness in positioning itself as an international standard shipping service company. Ref: inet.detik.com, katadata.co.id
