Prior to the Single’s Day shopping craze, China’s two major courier services ZTO Express and Yunda Express announced this week that they are raising prices.
ZTO Express posted an announcement on its official website on Wednesday, stating that delivery fees are subject to variation due to the rising costs of transportation, labor, and packaging materials. Yunda Express also released a statement, suggesting that the company is adjusting the price as the market becomes more mature and costs rise.
ZTO Express customer service told TechNode over the phone that the reference price for an express delivery from Beijing to Shanghai starts at RMB 15 ($2.27) for the first kilogram and is RMB 10 ($1.5) for each extra kilogram. The customer representative said that this is the price after the adjustment but might vary depending on local operators. On the other hand, Yunda Express’s customer service told TechNode that the adjusted price starts at RMB 15 ($2.27) and is RMB 12 ($1.8) for each extra kilo for an express delivery from Beijing to Shanghai.
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