DEPLOYDatabase

Company

ZTO Express

China's largest express delivery company by parcel volume (19.4% market share in 2024), founded in 2002 and headquartered in Shanghai.

Founded
2002
HQ
Shanghai, China
Status
public

The verified answer

As of Oct 2026, DEPLOY verifies ZTO Express: $1.4B raised, 1 active incident. 1 source back the record.

Funding

$1.4B

Employees

24k

Overview

China's largest express delivery company by parcel volume (19.4% market share in 2024), founded in 2002 and headquartered in Shanghai. Dual-listed on NYSE (ZTO) and HKEX (2057). ZTO operates one of China's largest autonomous delivery fleets with over 2,000 autonomous delivery vehicles (ADVs) as of October 2025, up from 350 in late 2024, and has deployed 400 Inceptio-powered autonomous heavy-duty trucks for freight corridor operations. The company Also uses 'Mini Yellow' sortation robots across its sorting centers for parcel processing.

Verified record

Verified deployments
None on file
Active incidents
1 incident on file

Valuation of record

DEPLOY VERIFIED
$14B (reported, approximate)as of Oct 2016

Priced roundIPO post-money

See the full valuations ranking →

Key facts

Focus

One of China's largest express delivery companies, listed on the NYSE

Partners

Partnered with Inceptio Technology to pilot autonomous heavy trucks on freight corridors in China

CEO

Meisong Lai (founder, chairman & CEO)

Market share

19.4% of Chinese express parcel delivery (2024)

ADV fleet

2,000+ autonomous delivery vehicles (Oct 2025)

Autonomous trucks

400 Inceptio Xuanyuan-equipped heavy trucks (delivered late 2024)

Warehouse robots

Mini Yellow sortation robots in sorting centers

ADV supplier

Jiushi Intelligent Technology (Jiushi Unmanned Delivery Vehicle)

Automation

Autonomous sorting robots, AMRs in fulfillment, AI route optimization

Data & sources

Web sources

1

1 source backing this record.View all →

Partnerships

Every company ZTO Express has built with, alongside the ones only announced in a press release.

1 total1 operating

Most-frequent partners

  1. 1Inceptio Technology1× joint3 total

Most recent

  1. with Inceptio Technologyoperating

Relationships

Current leadership (1)

  • Meisong Lai Founder, Chairman & CEOreported, not verified

Founders (1)

See all founders across the registry →

Safety record

1 incident on record (1 minor). Most recent: Apr 2025.

minor
1

Most recent: Apr 2025

Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.

Full safety record: incidents, sourcing, and exposure data →

Incidents affecting ZTO Express (1)

Includes incidents linked directly to this company, to its models, or to deployments of its models or under its operation. Retracted incidents are excluded from this view but remain reachable at their canonical URLs.

Recent coverage

ZTO Express in third-party press

Peers

88 peers across 1 segment. Every ZTO Express competitor derived from shared form-factor and application-domain edges.

av(88)

57 companies in this segment · highly_concentrated (HHI 4969.122215850638) · leader Waymo at 6990%