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A brutal price war is ravaging couriers in China’s live-streaming e-commerce hub, where not even SF Express is spared After Indonesian delivery company J&T Express precipitated a price war in Yiwu, in China’s eastern Zhejiang province, the municipal government stepped in, telling the company to raise its prices above its rate of 15 US cents for a single package. Illustration: Henry Wong
In a village 250 kilometres (150 miles) southwest of Shanghai, along a street peppered with rickshaws of various colours and flanked by five-storey buildings brimming with goods, mountains of boxes sit waiting for the myriad delivery workers who have to handle them, keeping the couriers from wading through the hundreds of matchbox-sized shops in the area to find everything they need to collect.