6 Followers USX:ZTO - ZTO Express (Cayman) Inc ZTO Express (Cayman) Inc
Sector: Industrials, Industry: Air Freight & Logistics
Next Earnings: 15 May 2024
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USD 21.27    +0.24 (+1.14%)

27 Mar 2024


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General

CEO: Mr. Meisong Lai

IPO: 2016-10-27

Headquarters: US

Employees: 23,449

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Description

ZTO Express is China’s largest express delivery company by parcel volume, with a volume share of 22.1% in 2022. It operates a network partner model where it provides line-haul transportation and sorting services, while its local network partners provide first-mile pickup and last-mile delivery services under the ZTO brand name. Headquartered in Shanghai, the company was founded in 2002 by Meisong Lai, who remains the Chairman, CEO, and its major shareholder with 77% voting rights as of June 30, 2023. ZTO’s strategic shareholder is leading China e-commerce company, Alibaba Group, with around an 11.7% interest.

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