ZTO: The Change From Centralized Ecommerce To Social Ecommerce Led The Higher Growth In Parcel Volumes; Which Is Likely To Benefit ZTO In 2Q19
ZTO will report 2Q19 results on August 16th after the markets close followed by a 9pm EST conference call. As e-commerce has become extremely popular among Chinese consumers, not only can one be a buyer, one can also be a seller at the same time enabled by social networking including WeChat, Little Red Book, Yun Ji and may other platforms. Ecommerce activities have changed from centralized business to decentralized social activities.
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