# ZTO Freight

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zto-freight

- Industry: Logistics & Distribution
- Headquarters: Hangzhou, China
- Website: www.zto56.com
- Total disclosed funding: $100M
- Latest round: Series A (May 30, 2018)
- Investors on record: 4

## About

Founded in 2016 and based in Hangzhou, China, Zhongtong Supply Chain Management Co., Ltd, d.b.a ZTO Freight is an express delivery company that focuses on providing bulk freight shipping services for users. In 2021 June, the company's aviation business is online. In November 2025, ZTO Freight closed a strategic investment from new investor ByteDance and Alibaba Group.

The company is engaged in products over 10kg, including 10-60kg small express, 10-300kg small ticket Less-than-truckload Transportation, 300kg or more large ticket Less-than-truckload Transportation and trucking business. The company has launched pharmaceutical cold chain and Cambodia business, and jointly launched door-to-door installation business with third parties. It also provides customized temperature control and warehouse to warehouse cold chain transportation service.

The company generates revenue by developing and providing express logistics services and other related products.

## Funding rounds

- Series A, May 30, 2018, $100M — Hong Shan, CDH Investments, YF Capital, Zhongtong Express Co., Ltd.

## Investors

- Hong Shan — Series A
- CDH Investments (https://capitalatlas.ai/funds/cdh-investments) — Series A
- YF Capital (https://capitalatlas.ai/funds/yf-capital) — Series A
- Zhongtong Express Co., Ltd. — Series A