Z

ZTO Express (Cayman)
D

ZTO

19.255
USD
-0.57
(-2.85%)
Market Closed
Volume
166,298
EPS
2
Div Yield
4.89
P/E
13
Market Cap
15,483,727,638
OverviewSignalsIdeasNews
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Title: ZTO Express (Cayman)

Sector: Industrials
Industry: Integrated Freight & Logistics
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 chair, 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.