The network partner model-based companies in China have gained parcel volume share from direct operation-based companies, with share rising to 76% in 2022 from 66% in 2011. The six largest express ...

In January 2025, parcel volume grew by 12% year on year at STO Express, 5% at YTO Express, and 3% at Yunda Holding. Meanwhile, express revenue rose by 5% at STO and 2% at YTO, but dropped 8% at Yunda.

HONG KONG/BEIJING, Dec 1 (Reuters) - Chinese delivery firm Shentong (STO) Express has closed a 16.9 billion yuan ($2.6 billion) reverse takeover deal with a Shenzhen-traded valve maker, a fast-track ...

SHANGHAI, Oct 23 (Reuters) - Chinese express parcel delivery firm Shentong (STO) Express is planning a 'back-door' listing through a deal that would see it take over a publicly traded firm in Shenzhen ...

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