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

ZTO Express prices HK shares at discount to NY closing price; hotelier Huazhu targeted by short seller alleging overstatement of profit as HK shares debut

ZTO is aiming to raise $1.29 billion amid shrinking net profits

Three-year-old startup Dianwoda, specializing in short-distance delivery and outsourced services, sells $290 million stake

Logistics partnership is expected to generate more than $2 billion of revenue in five years

Capital will support companies’ delivery capabilities and strengthen synergies across businesses; ZTO shares surge

Logistics company still raises $450 million in biggest U.S. IPO for a Chinese company this year