Large courier firms expand overseas footprint

As China continues to invest more in South-East Asian nations, SF Express said it will prioritise development in the region and further expand in the Middle East and Latin America. — China Daily

SHANGHAI: Major domestic courier companies are expanding their global footprint and increasing logistics efficiencies this year, as they seek growth opportunities beyond the Chinese market.

Shenzhen Stock Exchange-listed SF Express, one of the largest courier companies by volume of packages delivered and sales revenue, submitted a listing application to the Hong Kong stock exchange in September as it aims to further expand its presence abroad.