Is China’s express delivery price war over? The answer will lie in profits
China’s drive to stamp out cutthroat competition is starting to stabilize express delivery prices, but uneven earnings raise questions about the recovery’s sustainability By Lee Shih Ta Delivering more…
Zhongding Intelligent eyes IPO as onsite logistics heat up
China's largest provider of intralogistics solutions for lithium-ion battery makers hopes to capitalize on the recent boom for robotic stocks Key Takeaways: Zhongding Intelligent has applied to list in Hong…
BRIEF: ZTO’s first-quarter profit rises 6.3% on higher pricing and volume
Logistics company ZTO Express (Cayman) Inc. (2057.HK; ZTO.US) announced on Monday that its first-quarter net profit rose 6.28% year-on-year to 2.12 billion yuan ($311 million), supported by continued parcel volume…
NEWS WRAP: Lalatech fulfills 1 billion orders in 2025 as global expansion scales
The logistics services platform recorded steady growth in orders, revenue and profit last year as it continues to scale its global operations and move towards an IPO By Teri…
BRIEF: Galaxis valued at $910 million as shares jump in trading debut
Shares of logistics robot maker Zhejiang Galaxis Technology Group Co. Ltd. (2729.HK) jumped 84.3% on their first trading day in Hong Kong on Tuesday, as the company raised HK$556 million…
BRIEF: Logistics robot maker Galaxis launches $96 million IPO
Logistics robotics maker Zhejiang Galaxis Technology Group Co. Ltd. (2729.HK) launched its Hong Kong IPO on Monday, offering 36.8 million shares at a range of HK$16.40 to HK$20.40 to raise…
BRIEF: Minieye forms partnership to make 3,000 driverless logistics vehicles
Autonomous driving solutions provider Minieye Technology Co. Ltd. (2431.HK) said on Monday it signed an agreement to jointly make 3,000 driverless logistics vehicles with Ground Iron Green Technology and Shenzhen…
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