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Chinese Express Delivery Companies Deliver a New Way of Life
The rise of China’s online e-tailers, including the likes of Alibaba, which operates Taobao and Tmall, JD.com and others have transformed the way Chinese people shop. In 2015 nearly half a billion Chinese people shopped online for items big and small, spending $589.61 billion in total.
The online-shopping phenomenon has also supported the growth of a multi-billion dollar express delivery industry with hundreds of thousands of workers. In 2015, the Chinese express delivery market was worth $42.1 billion. 550,000 employees work for 8,000 express companies. And competition among the top five companies is fierce, each with about 15%-20% market share.
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