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Alibaba Group Holding Ltd. is considering options to pare down its minority stake in express delivery firm ZTO Express ...
Back in 2018, Alibaba led a consortium of investors in acquiring a 10% stake in ZTO for $1.38 billion. This move was aimed at enhancing its global shipping services.
Alibaba is mulling over reducing its stake in ZTO Express by issuing exchangeable bonds, but no firm decision is set. The ...
Alibaba contemplates reducing its stake in ZTO Express - Bloomberg ...
Investing.com -- Alibaba (NYSE: BABA) Group Holding Ltd. is exploring options to trim its minority stake in the express delivery company, ZTO Express (NYSE: ZTO) (Cayman) Inc.This information comes ...
Analysts have recently evaluated ZTO Express (Cayman) and provided 12-month price targets. The average target is $21.65, ...
Jefferies also adjusted its price target for ZTO Express to $21.00, down from $24.00, while maintaining a Buy rating, citing the company’s operational initiatives and growth prospects.
Pzena Investment Management LLC boosted its stake in shares of ZTO Express (Cayman) by 11.7% in the fourth quarter. Pzena Investment Management LLC now owns 7,860,285 shares of the transportation ...
ZTO Express ZTO is scheduled to report first-quarter 2025 results on May 20, after market close. The Zacks Consensus Estimate for ZTO’s earnings for the soon-to-be-reported quarter has remained ...
ZTO Express (Cayman) Inc. provides express delivery and other value-added logistics services in the People's Republic of China. It offers freight forwarding services; and delivery services for e ...