YTO International ships in new CEO as its revenue fails to deliver
Revenue at the international arm of one of China’s leading parcel delivery companies shrunk by nearly 30% last year on falling international freight prices and waning demand Key Takeaways: YTO…
ZTO Emerges from Latest Delivery Price Wars With Return to Profit Growth
Logistics company delivered 31% more packages last year, but revenue grew by a slower 21% as the ultra-competitive sector engaged in its latest price war Key Takeaways: ZTO’s adjusted profit…
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