- Alibaba has invested in many of China's privately-owned enterprises. For example, it occupied the largest share of ZTO Express. This contribution accelerated the development of the latter's transport channels.
- Following the COVID-19 epidemic, thriving e-commerce platforms have begun to stimulate the growth of express delivery firms, enhancing their innovation and development processes.
- The competitive delivery market has provoked intense price wars. This challenge explains why express firms have been necessary to accumulate more capital in recent years. In this regard, ZTO.
- ZTO Express' booming sales are expected to drive its market capitalization up in the near future.
For further details see:
An Unstoppable Trend: Prospective Expansion Of ZTO Express After The Second IPO