Consumer

Xiaomi quarterly results better than expected

Xiaomi’s strong results overshadowed by falling prices

The smartphone maker’s third-quarter profit beat expectations, but its average smartphone price fell below 1,000 yuan for the first time in nearly four years Key Takeaways: Xiaomi’s smartphone shipments rose…
1810.HK
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Ecommerce

China's leading online recruitment platform has posted its third straight quarterly profit, reaping the rewards of an advertising campaign during last year’s soccer championships.

Kanzhun’s World Cup marketing bet keeps paying dividends

China's leading online recruitment platform has posted its third straight quarterly profit, reaping the rewards of an advertising campaign during last year’s soccer championships Key Takeaways: Kanzhun doubled its profits…
BZ.US 2076.HK
Dingdong rings up profit, but revenue falls

Dingdong rings up more profits as revenue sags

The online grocer’s revenue fell in the third quarter, as it continued to report profits in China’s fiercely competitive food delivery sector Key Takeaways: Dingdong’s revenue decreased about 14% year-on-year…
DDL.US

Healthcare/biotech

The Covid pandemic boosted traffic to online medical platforms, but a strategy shift meant Ping An Healthcare could not capitalize on the opportunity, and its revenues fell.

Ping An Health pins recovery hopes on new leadership

The ailing healthcare platform brought in a whole new management team three years ago to drive a business turnaround but it is changing leaders again Key Takeaways: The Covid pandemic…
1833.HK