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Alibaba and STO sign option agreement
Chinese e-commerce powerhouse Alibaba and delivery company STO Express signed an agreement on a stake purchase option Wednesday.
August02,2019
Alibaba to invest in STO express
Chinese e-commerce powerhouse Alibaba has agreed to invest 4.66 billion yuan (about 693 million U.S. dollars) in exchange for about 14.6 percent equity stake in delivery company STO Express.
March11,2019
STO Express net profits up 37.5 pct in 2018
Leading Chinese express delivery firm STO Express announced Wednesday that its 2018 net profits attributable to its shareholders rose 37.5 percent year on year to 2.05 billion yuan (306 million U.S. dollars).
February28,2019
STO Express (002468.SZ) sees express service revenues increase 13.43pct o-y in Apr.
Chinese express delivery firm STO Express (002468.SZ) saw its express service revenues increase 13.43 percent year on year to 1.134 billion yuan in April, according to a filing to the Shenzhen Stock Exchange on May 19.
May21,2018
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