Weilong tries to spice up sales with new ‘third front’ strategy
The spicy snack food maker’s monthly sales from its recently launched specialty snack store initiative grew 38.1% in August from July Key Takeaways: Weilong sold 371,800 packages of its trademark…
9985.HK
China-U.S. IPOs take big step toward resumption with Cheche listing
The operator of an online car insurance marketplace completed its SPAC listing last week after getting approval from China’s securities regulator Key Takeaways: Cheche completed a SPAC listing in New…
CCG.US
Sputtering WM Motor hopes for recharge from new U.S. listing with Kaixin – Part 2
The two troubled companies signed a tentative merger plan last week, even as China’s NEV sector undergoes a painful consolidation Key Takeaways: Kaixin Auto aims to become a new energy…
KXIN.US
Tuhu Car IPO gets off to slow start despite star power
The online to offline car servicing company has finally got its share listing on the road at the third attempt Key Takeaways: Tuhu has been backed by five established investors…
LightInTheBox outpaces e-commerce rivals on low-end product focus, geographic diversity
The operator of online sites specializing in cheap apparel posted record quarterly revenue growth in the second quarter, though it lost money due to heavy spending on marketing Key Takeaways:…
LITB.US
Appotronics powers up for drive into smartcars
The display laser maker has signed deals with BYD and BMW, and believes smartcar-use products could account for up a ‘significant’ portion of its sales next year Key Takeaways: Display…
688007.SHG
Wantian cultivates big-name backers with green story
The former Hong Kong food distributor has attracted a local real estate magnate and two major funds with its lofty expansion plans Key Takeaways: Food distributor China Wantian has attracted…
1854.HK
