China’s Courier Sector Delivers Growth in Per Order Revenue

What’s new: China’s major courier service providers posted growth in revenue per order in August, which an analyst attributed to the scaling back of a sectorwide price war and improvement in the order fulfillment process.

Last month, Yunda Holding Co. Ltd., STO Express Co. Ltd. and YTO Express Group Co. Ltd. reported that their revenue per order grew 27.8%, 18.46% and 14.66% year-on-year to 2.62 yuan, 2.31 yuan and 2.44 yuan, respectively, according to their announcements.