CCES may become second courier to exit market this year
By Tang Zhihao in Shanghai | China Daily | Updated: 2012-07-05 08:27
Company says network 'broke down because investors did not make necessary payments'
Shanghai-based CCES Co Ltd, one of the top 10 express service providers in China, is on the verge of bankruptcy and may become the second courier to quit the market this year.
Stars Express Co Ltd, the Beijing-based courier established in 2008 by Chen Ping, the founder of ZJS Express Co Ltd in Beijing, ceased operations in March.
Photo
