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Monday
Nov072016

Chinese Delivery Company ZTO Express Raises $1.4 Billion in US IPO

Posted on DateMonday, November 7, 2016

Chinese company ZTO Express raised $1.4 billion through its IPO on the New York Stock Exchange making it the largest IPO in 2016. The Chinese delivery service is a spin off from Ali Baba and delivers parcels to Chinese consumers using Ali Baba’s online platform.

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