ZTO Express reports 9.67 billion parcels in Q1 2026, up 13.2% year-over-year, with market share rising 1.2 percentage points.
ZTO Express reported a 13.2% year-over-year increase in parcel volume for Q1 2026, reaching 9.67 billion parcels. The company also expanded its market share by 1.2 percentage points during the period.
Management outlined a 10%-13% growth target for 2026 parcel volumes, citing ongoing operational improvements. The company is rolling out AI-driven tools to 6,000 outlets to enhance efficiency and service quality.
The results reflect continued demand in China’s logistics sector, with ZTO maintaining its competitive position amid industry expansion.