BingEx Limited operates FlashEx, a technology-enabled on-demand dedicated courier delivery platform in China that connects customers and merchants with independent couriers through a mobile application and integrated APIs. The company generates revenue primarily from delivery service fees charged to customers based on distance and order characteristics, along with platform fees from couriers, and serves both individual consumers and local businesses including small-to-medium enterprises and chain merchants seeking fast, reliable parcel and document delivery. BingEx operates through a network of branch offices across first-tier and lower-tier Chinese cities, relying on proprietary dispatching, pricing, and rider management systems to optimize routes and match orders with couriers while maintaining insurance coverage and background checks for operational quality and safety.