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STO Express Completes 362 M Yuan Acquisition of Danniao Logistics, Another Step Forward in Alibaba’s Strategic Adjustment - YT FINANCE

Summary by YUAN TALKS
On November 3, STO Express announced that it had completed the acquisition, handover, and industrial and commercial registration procedures of Zhejiang Danniao Logistics Technology Co., Ltd.. After this transaction, STO will become a courier logistics group with both franchise and self-operated networks.
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YUAN TALKS broke the news in on Monday, November 3, 2025.
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