Debate shrouds courier firms' 11/11 price rise
By Chen Meiling | China Daily | Updated: 2017-10-30 07:47
China's courier firms defended their recent move to raise prices of their delivery services for the upcoming Singles Day online shopping festival on Nov 11, which is also known as 11/11.
They said they were "forced" into the move to ease the pressure of the inevitable higher 11/11-related operational costs like transportation, human resources and raw materials.
Earlier this month, ZTO Express announced, without specific details, a price-rise, and said business volume in five to 10 days around 11/11 was expected to increase three to five times.
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