Price hikes ahead of Singles Day
TWO major Chinese courier companies announced price rises on Tuesday and yesterday ahead of November 11, which is expected to be China’s largest ever online shopping festival.
Better services, according to ZTO Express and Yunda Express, mean rising costs in labor, materials and transport, but neither company was prepared to say by how much prices would rise. Other domestic couriers are expected to follow suit.
Wang Chao, a deliveryman with ZTO Express, said he usually works 11 or 12 hours a day. “I hear that it is just a slight rise and won’t make a big difference, but we will earn a little more,” he said.
China Express Association predicts that the industry will handle more than 1 billion packages between November 11-16.
November 11 is “Singles Day,” allegedly started by some college students in the 1990s to celebrate — or poke fun at — their unattached status. November 11 was chosen for the four solitary digits: 11-11.
It has grown into a Chinese version of Cyber Monday, the Monday after Thanksgiving in the United States, and promoted as an online shopping day.
Alibaba began Singles Day campaigning in 2009. TMall, Alibaba’s online marketplace, made only 50 million yuan (US$7.6 million) back then. Last year, the figure reached 120 billion yuan.
On the back of the e-commerce boom, China’s courier sector has been the world’s largest by delivery volume for three years but continual expansion has put heavy pressure on services, leading to problems in delivery delays and driver safety.
Lai Yang, a researcher in logistics, attributed the price rises to a shortage of labor.
- About Us
- |
- Terms of Use
- |
-
RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔$粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.