bearish
As Profits Turn to Losses, STO Express Retreats from Growth Strategy. Is M&A Next?
242 Views20 Oct 2020 08:58
STO Express recently warned investors it would report a loss in Q3 2020. The company seems to be rethinking its aggressive pursuit of volume share, but it's unclear what its new strategy will be.
SUMMARY
(Sign Up to Access)Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 5-minute read)
Discussions
(Paid Plans Only)
Rising
Tracking Traffic
Asian Equities Analyst, Logistics & Transport
Price Chart(Sign Up to Access)
- As Growth Accelerates, Alibaba's CaiNiao Network Is Pushing Aside Commodity-Type Express Firms09 Nov 2020
- Bad, Worse, & Worst | Ugly Q320 Results from Yunda, YTO Express, & STO Express04 Nov 2020
- TRACKING TRAFFIC/Chinese Express: Pricing Still Weak | STO Q3 Profit Warning | ZTO HK IPO Update21 Oct 2020
- Pressure Building: How Consolidation in China's Express Sector Might Look Over the Next Two Years22 Sep 2020
- TRACKING TRAFFIC/Chinese Express: ZTO HK Listing | August Pricing Still Weak | KEX IPO in Bangkok21 Sep 2020
- A Price Vs. Volume Tradeoff? Not For Firms Offering Commodity-Like Chinese Express Services04 Sep 2020
x