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…
BRIEF: ZTO gross profit falls, despite revenue growth
Logistics provider ZTO Express (Cayman) Inc. (ZTO.US; 2057.HK) on Wednesday said its revenue last year ranged between 48.5 billion yuan ($699 million) and 50 billion yuan, up 9.5% to 12.9%…
ZTO waits for ebb of ‘race to the bottom’ in struggle to balance revenue, profits
The logistics provider’s profit fell in the first half of 2025 as rising costs and falling prices outweighed growing parcel volume Key Takeaways: ZTO's parcel volume increased 17.7% year-on-year to…
BRIEF: ZTE to raise $500 million through convertible bond issue
Telecoms equipment maker ZTE Corp. (0763.HK; 000063.SZ) announced on Tuesday that it plans to issue 3.58 billion yuan ($499 million) worth of zero-coupon, U.S. dollar-settled bonds with the option to…
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…
To meme or not to meme: Shengfeng stock on roller coaster ride in its first year
The niche logistics company’s shares have swung widely since their public debut a little more than a year ago, but may have finally settled at a realistic level Key Takeaways:…
Full Truck Alliance goes full throttle on user acquisitions
The trucking platform operator boosted its sales and marketing spending 50% in the fourth quarter, double the rate of its revenue growth Key Takeaways: Full Truck Alliance’s revenue rose 25.3%…