Online boom carries windfall to Chinese couriers

A delivery man drives his bike in Beijing on January 13, 2016. China's total trade volume fell seven percent year-on-year to around $3.74 trillion USD (24.59 trillion yuan) in 2015, Customs said on January 13, hit by slowing growth in the world's second-largest economy and plunging commodity prices. AFP PHOTO / FRED DUFOUR

HONG KONG: Online shopping has delivered a windfall to Chinese couriers. YTO Express, a company backed by e-commerce behemoth Alibaba, will list in Shanghai at a valuation of US$2.7bil (RM10.82bil). 

China's e-commerce boom means demand for logistics has soared.