ZTO launching IPO

ZTO launching IPO

ZTO Express is set to launch the largest IPO by a Chinese company in the US since Alibaba. Bloomberg and other sources report that the delivery company is looking to raise as much as $1.3bn in the listing.

ZTO Express, which counts both Alibaba and JD.com among its customers, handled around 2.9bn packages in 2015 and posted a net income of more than $200m on revenues of around $915m.

 

 

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PasarEx

PasarEx is a Colombian company that provides international express transportation services for air cargo, packages and documents, and last mile services for electronic commerce platforms. PasarEx is positioned in the logistics market in Colombia due to its rapid response and personalized attention and the use […]

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