A loss of volume share to rival STO is adding to existing margin pressure at Yunda related to declining prices. This new dynamic could be related to Alibaba's transfer of its STO stake to CaiNiao.
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.