Price war takes toll on Chinese express delivery companies

COVID-19 boosts demand for courier services, but heightens market share battle

20201123N China parcel delivery

Employees sort out parcels at a logistic base of ZTO Express in China's Jiangsu Province. © Reuters

KENJI KAWASE, Nikkei Asia chief business news editor

HONG KONG -- Demand for courier services has boomed in China this year with a boost from the coronavirus pandemic but this has only heightened a brutal fight for market share.

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