Single’s Day is still weeks away, but the heat surrounding the shopping frenzy is starting to rise. China’s four major courier services YTO Express, ZTO Express, STO Express, and Yunda Express announced that they are raising prices, local media is reporting.
ZTO Express posted an announcement which suggests that the company is adjusting the delivery fees due to the arrival of the peak season. Three other leading courier services in the country, YTO Express, STO Express, Yunda Express all raised their fee for packages delivered to Shanghai from any other cities in the country by RMB 0.5.
It’s worth noting that China’s courier services only operate backbone delivery networks, while customer-facing parcel pickup and delivery are run by their franchise partners. Therefore, courier companies raising delivery fees is more of a price surge for franchise partners and does not necessarily suggest a higher price for individual users.
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