FLX

BingEx Limited (FLX) is a Chinese logistics company founded in 2013 and headquartered in Beijing. The company operates under the FlashEx brand name, providing on-demand dedicated courier services throughout the People's Republic of China. BingEx has developed a mobile platform-based delivery network that connects individual and business customers with its fleet of Flash-Riders who perform the actual courier services. The company went public but has experienced significant financial challenges in recent years, with volatile profitability and substantial debt levels affecting its operations.