All STO Express articles

  • Alibaba
    News

    Alibaba increases investment in China’s express sector

    2019-03-11T13:22:07Z

    ShutterstockAlibaba Group Holding Ltd will take a 14% stake in STO Express Co Ltd, one of the largest express delivery companies in China.Reuters reported that STO Express said that its controlling shareholder planned to set up a new subsidiary that will own a 29.9% stake in the courier firm.Alibaba will ...