Highlights
Couriers' price hike threatens online business
By Qiang Xiaoji (chinadaily.com.cn)
Updated: 2009-11-26 18:01
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Several domestic private couriers recently adjusted prices of their express delivery services. Shentong Express, Shanghai Yuan Tong Express, Yunda Express and ZTO Express all published statements on their websites, announcing a hike in prices by one to two yuan per kg.
The price adjustment directly affects the profits of millions of online store owners, especially those who run their online business at Taobao.com -- the biggest online commercial site in China -- who largely rely on domestic logistics firms to deliver their goods...
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