ZTO Express Cayman Inc-ADR

ZTO Express Cayman, Inc. is a logistics company that provides comprehensive delivery services. Founded by Mei Song Lai in 2002, the organisation has its headquarters in Shanghai, China. ZTO Express Cayman operates through a local nationwide network in China and internationally. The company held a recorded 20.4% local market share in this sector in 2020. ZTO Express Cayman’s express delivery services include sorting and line-haul transportation. The company provides these express delivery services directly to enterprise customers, which includes e-commerce and traditional retailers, and delivers its products to the end consumers. ZTO Express Cayman has a key role in China’s fast-developing e-commerce industry and is affiliated with leading Chinese e-commerce sites such as Alibaba, PDD, and JD.com. The company’s network partners operate the outlets that actualise its first-mile pickup and last-mile delivery services. ZTO Express Cayman also provides value-added logistics services such as digital, privacy waybill, and cloud printing services. The company cites operational efficiency and economies of scale as enablers towards achieving its operating leverage, which drives the returns on invested capital and equity. ZTO Express Cayman is publicly listed on the NYSE under the ZTO ticker. Add ZTO Cayman Express stock to your eToro watchlist to receive news and updates on ZTO share price developments.