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China Post Group ranks 101st on 2019 Fortune Global 500 list
China Post Group ranks 101st on 2019 Fortune Global 500 list
| China Post |2019-07-23

The 2019 Fortune Global 500 list was released on July 22. Altogether eight postal and express enterprises are on the list. China Post ranks No.101, close to the top 100, gaining 12 places from last year, continuing to surpass the United States Postal Service (USPS) and Deutsche Post DHL Group, and narrowing the gap with Japan Post Holdings.

A historic change is that 129 of the Fortune Global 500 companies come from China, overtaking the number of the US companies (121) for the first time. Among these129 companies, 13 companies are newcomers to the Fortune 500, accounting for more than half of all newcomers and re-listed companies.

In the field of postal service and express delivery, there are 8 enterprises entering the Fortune Global 500 list this year. Among them, Japan Post Holdings ranks No.52 with the revenue of $115.221 billion; China Post Group ranks No.101 with $85.628 billion; Deutsche Post DHL Group ranks No.124; United Parcel Service (UPS) ranks No.132; USPS ranks No.136; FedEx ranks No.152; Poste Italiane ranks No.355; La Poste ranks No.428.

Of the six postal companies, Japan Post, Deutsche Post DHL Group, USPS and Poste Italiane all dropped by different degrees on the list. China Post and La Poste moved up the rankings, with China Post gaining 12 places and La Poste 6 places from last year.

In recent years, China Post has been continuously rising in the Fortune Global 500 list. It has jumped 157 in rank from No.258 in 2012 to No.101 in 2019, achieving a leapfrog development.

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