BingEx Q1 Earnings Call Highlights
BingEx (NASDAQ:FLX) reported a slight decline in first-quarter 2026 revenue to RMB 935.3 million, down from RMB 960.8 million the previous year due to increased competition in China's on-demand delivery market. Gross profit and margin also decreased, but operating income remained positive as AI-driven efficiency improvements helped reduce operating expenses by 18.7%.
Topics: ai_integration delivery_operations gross_profit operating_expenses revenue