Detective Conan IP generated less than 1500mn rmb revenue in a year, with film being the largest contribution (~50%).
PopMart’s Labubu generated over 3000mn rmb revenue last year, while most people don’t know Labubu’s stories, its origin, its value, etc.
UPS and FedEx reported revenue per piece/package is ~$13-$14 (1q25).
SF Express, the most premium express in China, reported ASP of 15.5 rmb in 2024 and ASP of 14.6 rmb in 1q25.
Other express delivery companies in China reported ASP of 2.3 rmb (YTO) and 2.05 rmb (STO and Yunda) in 2024.
Meanwhile, ZTO+YTO+STO+Yuanda+SF -> 330k package per day!
FedEx +UPS is ~40k package per day.