STO Express

STO Express Chairman Looks to Increase Shareholding by at Least USD62 Million

STO Express Chairman Looks to Increase Shareholding by at Least USD62 Million

Chen Dejun, chairman and an actual controller of courier firm STO Express, plans to increase his stake in the company by between CNY400 million (USD62 million) and CNY800 million.

May 30, 2018
Liao Shumin
SF Express-Backed Package Drop-Off Firm Bags USD323 Million in Funding

SF Express-Backed Package Drop-Off Firm Bags USD323 Million in Funding

Hive Box Technology Co., a provider of smart lockers for courier deliveries, have secured CNY2.07 billion (USD323 million) in a new round of funding, the company said in a press briefing.

Jan 25, 2018
Liao Shumin
SF Express-Backed Package Drop-Off Firm Bags USD323 Million in Funding

SF Express-Backed Package Drop-Off Firm Bags USD323 Million in Funding

Hive Box Technology Co., a provider of smart lockers for courier deliveries, have secured CNY2.07 billion (USD323 million) in a new round of funding, the company said in a press briefing.

Jan 24, 2018
Liao Shumin
SF Holding’s Third-Quarter Net Profit Almost Equals Those of YTO, ZTO, STO and Yunda Combined

SF Holding’s Third-Quarter Net Profit Almost Equals Those of YTO, ZTO, STO and Yunda Combined

China’s big five listed express delivery companies -- SF Holding Co. [SHE:002352], YTO Express Group Co. [SHA:600233], ZTO Express (Cayman)…

Nov 22, 2017
Zhang Xia
STO Express Faces Punishment Following Probe Into Employees Stamping on Parcels at Delivery Centers

STO Express Faces Punishment Following Probe Into Employees Stamping on Parcels at Delivery Centers

Chinese courier firm STO Express Co. [SHE:002468] faces punishment following a Beijing Municipal Postal Administration investigation into reports that its…

Nov 20, 2017
Zhang Xia
STO Express Runs Franchisee Survey to Explore Potential for Larger Goods Courier Service

STO Express Runs Franchisee Survey to Explore Potential for Larger Goods Courier Service

Chinese courier firm STO Express Co. [SHE:002468] is surveying its franchisees to explore possible opportunities to expand into express delivery…

Oct 25, 2017
Zhang Xia
Chinese Couriers Unite to Found Specialist Logistics Insurer Zhongbang

Chinese Couriers Unite to Found Specialist Logistics Insurer Zhongbang

A group of Chinese logistics firms and a finance company are partnering up to form Zhongbang Logistics Insurance Co. with…

Oct 16, 2017
Liao Shumin