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China Delivery Firms Slash Margins to Hold On to Customers

2019年11月22日 19:59 来源于 财新网
Industrywide, average revenue per parcel fell 2.24% in the third quarter, analysis says, as companies pushed discounts to fend off competitors
Packages are sorted in Taiyuan, Shanxi province, on Nov. 12. Photo: VCG

China’s express delivery industry has descended into all-out war.

Facing growing pressure as the industry consolidates, delivery companies have opted to sacrifice margins on deliveries to boost growth as they seek to wrestle market share away from the competition.

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