The difference between STO and ZTO is:
1. Different affiliated companies:
1. STO Express: STO Express, referred to as Shanghai STO, is a company that operates A domestic joint venture focusing on express delivery.
2. Zhongtong Express: Zhongtong Express Co., Ltd. is a large group company integrating express delivery, logistics and other businesses.
2. Different establishment times:
1. STO Express: established on December 29, 2007.
2. ZTO Express: established on May 8, 2002.
3. Different scales:
1. STO Express: STO Express basically covers cities at or above the prefecture level across the country and cities at or above the county level in developed areas, especially in Jiangsu, Zhejiang and Shanghai. regions, basically achieving no blind spots in delivery.
2. ZTO Express: Its operations include domestic express delivery and international express delivery, and it is engaged in maritime, aviation, and land international cargo transportation agency, warehousing services, handling and loading services, etc.
Shuntong Express Co., Ltd. was established on December 29, 2007. Its business scope includes domestic express delivery, general freight, cargo transportation agency, warehousing services, loading and unloading services, business information consultation, interior decoration, design, production, Act as an agent and publish various advertisements, sell paper products, electronic products, etc.
On March 11, 2019, STO Express announced that Alibaba will invest 4.66 billion yuan in the controlling shareholder company of STO Express.
Zhongtong Express Co., Ltd. was founded on May 8, 2002. It is a large group company integrating express delivery, logistics, e-commerce, and printing. Its comprehensive strength ranks among the top domestic logistics and express delivery companies. . Registered trademarks zhongtong and zto.
ZTO Express has now become a domestic express delivery company with a large business scale and rapid development among the first square. In 2017, the annual package volume reached 6.22 billion pieces, a year-on-year increase of 38.3%. It is already higher than the industry average growth rate of 28.1%.
As of December 31, 2017, ZTO had approximately 29,000 service outlets, 82 sorting and sorting centers, more than 9,500 network partners, more than 4,800 long-distance vehicles, and more than 2,000 trunk transportation lines. As of November 2017, the network reached more than 97.69% of districts and counties, and the coverage rate in towns and villages exceeded 81.5%.
On October 27, 2016, ZTO Express successfully landed on the New York Stock Exchange in the United States, creating the largest IPO in the U.S. securities market that year. It was also the largest Chinese company to go public in the United States since Alibaba went public in 2014. IPO. On November 14, 2018, ZTO Express announced a US$500 million stock repurchase plan.