ZTO EXPRESS (CAYMAN) INC SPON ADS EACH (NYSE:ZTO)

Industrial

ZTO Express, a publicly listed Chinese company, provides various services related to express delivery.

It is said to be one of the leading express delivery companies that operates through an extensive channel of network of partners across China.They also provide various other value-added logistic services.

It comes under the transportation and logistics sub-industry and industrial services industry.

The operations of the company are conducted on a wide scale that enables it to expand its portfolio of network partners. The China-based express delivery firm also provides e-commerce merchant services at affordable cost reportedly.

The company, founded in 2002, is domiciled in Shanghai, China.

The company also provides services for line haul operation, mission critical transportation, as well as sorting network across the delivery service value chain. On the other hand, its network partners operate all the outlets that provides last mile pick up and first mile delivery services.

The China-based company aims to leverage through operational efficiency and economies of scale. In addition, ZTO Express also aims to become a leading brand in providing comprehensive logistical services.

The company reportedly operates the an extensive network of trusted express delivery partners in China. It is also engaged in consumer selling and online merchant selling.

ZTO Express claims that its products are sold various leading online e-commerce sites like PDD, JD.com, Alibaba.

The company is also listed on the NYSE and HKSE.

As of 2020, the China-based delivery company reportedly has nearly 30,000 delivery/pickup outlets and operates through more than 5,350 direct networks under the brand portfolio. It relies on the network partners so that they can directly interact with the customers and help them meet their needs.

Other players in the sector express delivery sector includes STO Express, Yunda Express, YTO Express, best express, etc.

The China-based business also operates through more than 57,000 outsourced personnel.