Bet_Noire ZTO Express (NYSE:ZTO) is one of the top express delivery companies in China. Having established itself as one of the top players in the industry, the company has also expanded into adjacent markets in recent years. ZTO Express has benefited from China's rapid growing e-commerce market. Unlike its competitors such as YTO and STO, ZTO has consistently gained market share due to ZTO's competitive advantages against its competitors, as a result of ZTO's best-in-class management team. After COVID, China's express delivery industry is likely to continue to benefit from faster-than-GDP growth of China's e-commerce market. As the most efficient...