The network partner model-based companies in China have gained parcel volume share from direct operation-based companies, with share rising to 76% in 2022 from 66% in 2011. The six largest express ...

While STO Express’ first-half revenue tracked our full-year estimate, core operating profit was substantially above our estimate, thanks to strong cost optimization. We raised STO’s fair value ...

HONG KONG/BEIJING, Dec 1 (Reuters) - Chinese delivery firm Shentong (STO) Express has closed a 16.9 billion yuan ($2.6 billion) reverse takeover deal with a Shenzhen-traded valve maker, a fast-track ...

China postal authority proposes changes to country's express delivery rules China's postal authority on Friday proposed revisions to the measures by which the country governs its express delivery ...