OTC_Buyer
7 years ago
SHANGHAI, June 5, 2018 /PRNewswire/ — ZTO Express (Cayman) Inc. (NYSE: ZTO) (“ZTO” or the “Company”), a leading and fast-growing express delivery company in China, today announced that it made a strategic investment of approximately US$168 million for an approximately 15% stake in Cainiao Post, Cainiao Network’s network of last-mile delivery stations, in order to jointly ramp up last-mile service capabilities and provide diversified solutions that enhance efficiency and meet the growing demand from New Retail.
https://backend.otcmarkets.com/otcapi/company/sec-filings/12799321/content/html