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China Postal Express plans $1.6 billion IPO
2012-05-18 01:49:00

BEIJING, May 18 (GCTL) - China Postal Express & Logistics Co is seeking 9.98 billion yuan ($1.6 billion) in an initial public offering as it struggles to keep pace with a domestic delivery market growing 20% a year, according to a Bloomberg report.

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Category : Business & Financial News   Express, Mail, Logistics, Rail Gtr. China  

Tags : airplanes, trucks, express-delivery, IPO, initial public offering, China Postal Express & Logistics Co, distribution centers,

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