Today’s Pickup: In China, parcel delivery firms waging price war

Today’s Pickup: In China, parcel delivery firms waging price war

In a quest for more business in China’s booming e-commerce markets, parcel companies in that country are waging a pricing war, threatening to eat up profits and pressuring margins for companies already facing razor-thin operating budgets, according to a report in the Nikkei Asian Review.   

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