Firms estimate healthy profits despite the Covid pandemic dragging on business volume growth

STO Express has dispatched its first deliveries out of the metropolis since late March

With razor-thin margins, China’s delivery companies reported hundreds of millions of yuan in losses, even as their volumes grew significantly during the pandemic

Industrywide, average revenue per parcel fell 2.24% in the third quarter, analysis says, as companies pushed discounts to fend off competitors

Deal would increase e-commerce giant’s stake in STO Express to 46% as it seeks to build delivery capacity

As insurance regulator tightens grip, the ability to secure operating license remains unclear

Commentators divided, with some pointing to employees’ long hours and stressful conditions as possible cause

Shares of China’s largest private courier jump by daily limit in first official trading day following backdoor listing in Shenzhen