ZTO Express’ development strategy is being tested

Growing profits, shrinking market share test ZTO’s strategy

The logistics provider’s market share fell as its parcel volume growth trailed the industry last year, signaling its profit-oriented development strategy was facing headwinds Key Takeaways: ZTO’s parcel volume increased…
Illustration of Meituan, Ele.me and JD competing with each other

China’s Takeout Delivery Market Gets a Shakeup

China's takeout dining duopoly of Ele.me and Meituan will start offering social benefits for their more than one million of riders. What's driving this change of heart and what will it mean for the market? And JD.com has announced its entering the fray, aiming to take on this established duopoly. What are its chances of success, and what does this mean for the industry?